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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

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.

Acquire new skills to demonstrate your proficiency
- Opening equity balances versus closing equity balances
- Impact from total comprehensive income and dividends
- Cash flows from operating activities, investing activities, and financing activities
- Consolidation adjustments

Gain practical experience

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.

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