Consolidated Financial Statement
Consolidated financial statements – are the “Financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity” Learn how to handle your statements with us.
- The course deals with key issues related to the preparation of the consolidated financial statements, such as the allocation of acquisition cost, the treatment of the associate’s financial statements, the treatment of minority interests, impairments, acquisitions, deferred taxes, elimination of internal margins, control and hedge accounting.
- The course illustrates the above and summarizes the impact on the consolidated financial statements.
- The course will help you understand the pain points in the preparation of the consolidated financial statements and prepare the consolidated financial statements effectively.