is minority interst non-operating liability?
Yes, minority interest is a non- operating liability. Under the International Financial Reporting Standards(IFRS), the non-controlling interest or minority interest is reported in accordance with IFRS 5 and is shown at the very bottom of the Equity section on the consolidated balance sheet and subsequently on the statement of changes in equity. Under US GAAP, minority interest can be reported either in the liabilities section, the equity section, or the mezzanine section of the balance sheet.
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