liabilities and equity. FASB FAS 160 and FAS 141r significantly alter the way a parent company accounts for non-controlling interest (NCI) in a subsidiary. It is no longer acceptable to report minority interest in the mezzanine section of the balance sheet. See also Associate company (the converse concept) Articles of incorporation Business valuation Consolidation (business) Drag-along right Equity method Pre-emption right Share capital Tag-along right Voting interest References External links Minority Interest Minority Interest at Investopedia.com Minority Interests on the Income Statement—The Cost Method, Equity Method, and Consolidated Method Minority Interests on the Balance Sheet Corporate law Corporate finance Financial capital Mergers and acquisitions Shareholders