Consolidated Financial Reporting II
Provider: AICPA
Length: 50 minutes
Business Management and Organization
1 CPE Credits
Basic
QAS self study
Preparing the consolidated financial statements<br><br>Consolidated financial statements are of primary importance to shareholders to review the results of an entire group of commonly-owned businesses. Learn to prepare and present the statement of changes in equity, as well as the statement of cash flows for a group. Understand different scenarios in the consolidation process.<br><br> Acquire new skills to demonstrate your proficiency<br>- Opening equity balances versus closing equity balances<br>- Impact from total comprehensive income and dividends<br>- Cash flows from operating activities, investing activities, and financing activities<br>- Consolidation adjustments<br><br> Gain practical experience <br><br>Use case studies and scenarios to evaluate business performance and get a deeper understanding of various ways to improve the business performance and align with organisation goals. This consolidated financial reporting topic can assist the decision-making process by focussing on the appropriate consolidation adjustments to remain a long-term, viable going concern.