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One of the most controversial elements of the Great Awakening was:
Direct NCI
Direct non-controlling interest (NCI) refers to the portion of equity in a subsidiary not held directly by the parent company, giving those external shareholders a proportional share of the entity's net assets and profits.
Economic Entity
An organizational unit for which it is possible to separate financial information and which conducts economic activities independently.
Consolidated Financial Statements
The financial statements of a group in which the assets, liabilities, equity, income, expenses, and cash flows of the parent and its subsidiaries are presented as those of a single economic entity.
Ownership Interest
The right or claim an individual or entity has on assets, often evidenced by equity or shares in a company.
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