Module I· Consolidation & Equity MethodAdvanced
Question

How do you treat the sale of a subsidiary (deconsolidation)?

Answer

Loss of control triggers deconsolidation: remove assets, liabilities, and NCI; recognize proceeds and fair value of retained stake; book gain/loss.

Deep diveShow more details

In sell-side models, watch for stranded costs and TSA income / costs. Reported disposal gain is not operating performance.