Consolidated Financial Reporting
Provider: AICPA
Length: 100 minutes
Business Management and Organization
2 CPE Credits
Intermediate
QAS self study
Consolidated Financial Reporting
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.
Value added topics
- Basics of consolidation
- Goodwill, NCI, group retained earnings
- Bargain Purchase
- Mid-year Acquisitions
- Fair Value Adjustments
- Intragroup Transactions
Gain practical experience.
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.
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.
Value added topics
- Basics of consolidation
- Goodwill, NCI, group retained earnings
- Bargain Purchase
- Mid-year Acquisitions
- Fair Value Adjustments
- Intragroup Transactions
Gain practical experience.
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.