IFRS 10 Consolidated Financial Statements

Price:
R379.50 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS
Lecturer:
Tristan David-Crewe White
Duration:
105 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


When faced with the daunting task of preparing a set of group financial statements for entities that are required to consolidate, there is often a fair amount of panic and uncertainty for finance professionals as well as auditors.

This session will unpack several key questions when consolidating:

  1. Who must prepare consolidated financial statements?
  2. Are standalone financial statements also required?
  3. When do I have “control” over another entity, leading to the need to consolidate?
  4. What are the consolidation procedures / entries for preparing consolidated financial statements?
  5. Practical examples to illustrate typical consolidation entries