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Consolidated Financial Reporting

Provider: AICPA

Length: 100 minutes

Business Management and Organization 2 CPE Credits Intermediate QAS self study
Consolidated Financial Reporting<br><br>Consolidated financial statements present the financial position of a parent and its subsidiaries as if the consolidated group were a single economic entity. This course provides an overview of the basics of consolidation when the parent owns less than 100% of the equity shares of the subsidiary. Managers should recognize the relevant accounting adjustments to prepare a CSPLOCI and CSOFP.<br><br>Value added topics<br>- Basics of consolidation<br>- Goodwill, NCI, group retained earnings <br>- Bargain Purchase<br>- Mid-year Acquisitions<br>- Fair Value Adjustments<br>- Intragroup Transactions<br><br>Gain practical experience. <br><br>The practical hands-on exercises use real-world examples such as case studies and scenarios and are designed to give you the skills to evaluate business performance and get a deeper understanding of various ways to improve the business performance and align with organization goals. This consolidated financial reporting topic can assist the decision-making process by focusing on the appropriate consolidation adjustments to remain a long-term, viable going concern.

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