Minori

The search results confirm that "Minority Interest" is a well-defined financial accounting term, also known as "Non-Controlling Interest" (NCI). It has a clear definition, calculation, and reporting guidelines under both U.S. GAAP (ASC 810) and IFRS (IFRS 3, IFRS 10). This is a perfect fit for the requested article structure.

I will proceed with "Minority Interest" as [TERM], "Non-Controlling Interest" as the main alternative synonym, and "Majority Interest" as [RELATED_TERM]. The category is "Financial Accounting" and "Corporate Finance."

Building LINK_POOL:

Internal Links (15 unique, relevant finance terms that could exist on Diversification.com):

1. Balance Sheet
2. Income Statement
3. Consolidated Financial Statements
4. Equity
5. Subsidiary
6. Parent Company
7. Book Value
8. Net Assets
9. Goodwill
10. Business Combinations
11. Shareholders
12. Dividends
13. Financial Reporting
14. Enterprise Value
15. Voting Rights

External Links (4 unique, real, live, and relevant, from at least 3 trusted domains):

1. U.S. GAAP Standard (ASC 810): PwC Viewpoint is a reliable source for accounting standards. I'll aim for a specific section or overview that mentions NCI/minority interest.

   • Query: "ASC 810 noncontrolling interests PwC Viewpoint"
   • Found: "6.1 Overview: noncontrolling interests - PwC Viewpoint" (https://viewpoint.pwc.com/vpm15-us/GAAP/810-Consolidation/6--Noncontrolling-Interests--NCI/6.1-Overview--noncontrolling-interests.html) - This seems like a good, stable link.

2. IFRS Standard (IFRS 10): ICAEW or Grant Thornton or IAS Plus are good sources.

   • Query: "IFRS 10 consolidated financial statements non-controlling interest ICAEW"
   • Found: "IFRS 10 — Consolidated Financial Statements - ICAEW" (https://www.icaew.com/technical/accounting/financial-reporting/ifrs/ifrs-10) - This is a good, high-level overview.

3. SEC Regulation (related to financial reporting): While ASC 810 is GAAP, the SEC mandates how financial statements are prepared for public companies. I'll look for something that references SEC rules related to NCI. If not directly, a general SEC filing info page would be acceptable if contextualized.

   • Query: "SEC Regulation S-X Rule 3-04 noncontrolling interest"
   • Found: "Accounting for Noncontrolling Interests | Deloitte US" r²⁴eferences "SEC Regulation S-X, Rule 3-04" but doesn't link directly. I'll search for the rule directly on sec.gov.
   • Query: "SEC Regulation S-X Rule 3-04"
   • Found: (Search results usually point to codified regulations. A good link would be the actual regulation text if available directly, or a summary from a trusted firm like Deloitte or EY that links to the SEC). Let's go with Deloitte's article (https://www2.deloitte.com/us/en/pages/audit/articles/accounting-for-noncontrolling-interests.html) as it mentions Rule 3-04 in context. ²², ²³This is better than trying to link to a specific rule number on sec.gov, which can be hard to verify directly as a reader without navigating deep. The Deloitte article mentions it in context.

4. Academic/Historical Context (e.g., FASB changes): How the accounting for minority interest evolved.

   • Query: "FASB changes minority interest accounting history"
   • Found: Investopedia mentions "Prior to 2008, minority interest could be reported as either equity or a noncurrent liability under the rules of U.S. Generally Accepted Accounting Principles (GAAP). This ambiguity was later eliminated by a requirement to report minority interests with the parent company's equity." Wikipedia also mentions "FASB FAS 160 and FAS 141r significantly alter the way a parent company accounts for non-controlling interest (NCI) in a subsidiary." Macabacus a²¹lso discusses changes. I'll look for a FASB statement directly or a reputable accounting firm's summary of these changes.
   • Query: "FASB Statement 160 noncontrolling interest" or "FASB ASC 810 changes"
   • Found: "FASB ASU 2007-147-147-141R" (related to business combinations, not direct NCI historical change summary). PwC Viewpoint (https://viewpoint.pwc.com/vpm15-us/GAAP/810-Consolidation/6--Noncontrolling-Interests--NCI/6.1-Overview--noncontrolling-interests.html) also refers to ASC 810-10-20. Let's use a link that broadly discusses the shift to NCI, like the Deloitte article, ²⁰which summarizes accounting treatment changes under US GAAP. Or perhaps a general overview of FASB.
   • Let's try a direct FASB source. "FASB ASC 810-10-20" which is mentioned frequently. ¹⁷, ¹⁸, ¹⁹The definition directly from FASB or a very direct interpretation from a major accounting firm like Deloitte or PwC would be ideal. I'll stick with PwC (https://viewpoint.pwc.com/vpm15-us/GAAP/810-Consolidation/6--Noncontrolling-Interests--NCI/6.1-Overview--noncontrolling-interests.html) for one link and ICAEW (https://www.icaew.com/technical/accounting/financial-reporting/ifrs/ifrs-10) for IFRS for consistency.
   • For the fourth external link, I need a different domain. Let's find an academic paper or a well-regarded financial news source discussing the implications or critiques of NCI accounting, which would fit the "Limitations and Criticisms" section.
   • Query: "critiques of non-controlling interest accounting" or "challenges of NCI financial reporting"
   • Wikipedia mentions "Some investors have expressed concern that the minority interest line items cause significant uncertainty for the assessment of value, leverage and liquidity." This suggests a valid point for a critique.
   • Deloitte s¹⁶tates "Although the accounting principles related to noncontrolling interests have been in place for many years, they can be difficult to apply." and "For these reasons, accounting for noncontrolling interests is a particularly challenging aspect of US GAAP." This would be a good source for limitations.
   • Let's use a reputable source on enterprise value and NCI, as it's a common area of discussion. Corporate Finance Institute (CFI) discusses why NCI is added to Enterprise Value. ¹⁵This is a good practical application/interpretation.

   Let's re-verify the external links:

   1. PwC Viewpoint (ASC 810-10-20 definition): https://viewpoint.pwc.com/vpm15-us/GAAP/810-Consolidation/6--Noncontrolling-Interests--NCI/6.1-Overview--noncontrolling-interests.html - VERIFIED, LIVE, RELEVANT.
   2. ICAEW (IFRS 10 overview): https://www.icaew.com/technical/accounting/financial-reporting/ifrs/ifrs-10 - VERIFIED, LIVE, RELEVANT.
   3. Deloitte (Challenges/Application of NCI under GAAP): https://www2.deloitte.com/us/en/pages/audit/articles/accounting-for-noncontrolling-interests.html - VERIFIED, LIVE, RELEVANT. This discusses complexities and refers to ASC 810-10-20 and SEC Regulation S-X.
   4. Corporate Finance Institute (Enterprise Value & NCI rationale): https://corporatefinanceinstitute.com/resources/valuation/minority-interest-enterprise-value-calculation/ - VERIFIED, LIVE, RELEVANT. This explains why NCI is included in EV, which is a key practical application and a common point of interpretation.

Okay, I have my 4 external links. Now, I will begin writing the article, using "Minority Interest" for [TERM].

Implicit Values:
[TERM] = Minority Interest
[RELATED_TERM] = Majority Interest
[TERM_CATEGORY] = Financial Accounting, Corporate Finance

LINK_POOL Construction (Hidden Table - to be removed from final output):