What it is
The noncontrolling interest changes with its share of income and other comprehensive income, distributions, contributions and changes in ownership. This workbook rolls each subsidiary from opening to ending balance and compares the result with the consolidated balance sheet.
A second tab ties the roll-forward to the income statement, the statement of comprehensive income and total equity, and computes the adjustment to the parent’s additional paid-in capital when ownership changes without a loss of control.
When to use it
- At each close for a group with subsidiaries that are not wholly owned.
- When the parent buys or sells a stake in a subsidiary and keeps control.
- When preparing the equity roll-forward and the noncontrolling interest disclosure.
What’s inside
- Eight subsidiary rows with ownership, income, computed and booked share, OCI, distributions and contributions
- Ownership change and other columns with the ending balance and the balance sheet tie
- Booked share against computed share for each subsidiary
- Tie-out to income, OCI, balance sheet and total equity
- Transaction block that computes the parent APIC adjustment
Standard cited
This template follows ASC 810. It is written in our own words, except for phrases the standard requires the document to contain, with [bracketed placeholders] for client details, amounts in USD and dates as MM/DD/YYYY. Check it against the current standard and your firm’s methodology before use.
Questions
What happens when the parent buys part of the noncontrolling interest?
Control is retained, so the transaction is an equity transaction. Noncontrolling interest decreases by its carrying amount, cash is paid and the difference goes to the parent’s additional paid-in capital. No gain or loss reaches earnings.
Does the noncontrolling interest absorb losses?
Yes. Net income and comprehensive income are attributed to the parent and the noncontrolling interest, even when that results in a negative noncontrolling balance.
Why can the booked share differ from percentage times income?
Preferred returns, elimination adjustments, basis differences and different profit-sharing terms change the attribution. Explain each difference in the working paper.
Where is the noncontrolling interest presented?
Within consolidated equity, separate from equity attributable to the parent. Income and comprehensive income show the attributable amounts.
Related templates
- Consolidating Worksheet, Multiple Entities
- Consolidation and Elimination Workbook (ASC 810)
- Equity Rollforward Template (Corporation and LLC)
- Purchase Price Allocation Workbook (ASC 805)
Last updated 11/05/2026. All free templates.