2.5 ASC 810-10 Attribution Adjustment
As discussed in Section
2.7 and Chapter
6, a portion of a partially owned subsidiary’s earnings is typically
attributed to noncontrolling interests in accordance with ASC 810-10. The amount of
the subsidiary’s earnings (loss) attributed to noncontrolling interests generates a
corresponding increase (decrease) in the noncontrolling interests’ carrying amount.
As described in Section
9.4.2, the ASC 810-10 attribution adjustment must be recorded before
the reporting entity records an ASC 480 measurement adjustment.