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Table of Contents
Table of Contents
Transform your financial reporting skills by learning how to combine financial statements of parent and subsidiary entities into a single consolidated picture.
What You Will Learn
- 1 Learn to identify control indicators under IFRS 10 and ASC 810.
- 2 Understand the acquisition method for business combinations including purchase price allocation.
- 3 Apply goodwill calculation and impairment testing procedures.
- 4 Analyze non-controlling interest measurement and presentation.
- 5 Implement elimination of intercompany transactions and profits.
- 6 Translate financial statements of foreign subsidiaries using current rate and temporal methods.
- 7 Evaluate step acquisitions and partial disposals of subsidiaries.
- 8 Identify variable interest entities and determine primary beneficiary.
- 9 Prepare consolidated cash flow statements with proper adjustments.
- 10 Compare consolidation requirements under IFRS versus US GAAP.
What's Included
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Consolidation Accounting Operations