Under the acquisition method, minority interest is considered: A. equity under IFRS and a liability under US GAAP. B. a liability under IFRS and US GAAP. C. equity under IFRS and US GAAP.
Under the acquisition method, minority interest is now considered equity under IFRS and US GAAP. Prior to SFAS 160 minority interest was considered either a liability or a mezzanine(hybrid) item under US GAAP
