IFRS for SMEs 2 - Consolidations Associates Joint Ventures 2024

Price:
R584.20 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS for SMEs
Lecturer:
Tristan David-Crewe White
Duration:
180 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

Session 2 introduces some practical examples whereby accounting treatments will be explored to help visualise typical business combination /consolidation entries, goodwill calculations and other types of investments, namely associates and joint ventures.

We seek to empower you as a professional accountant in accounting and audit by:

  1. Establishing a practical understanding of the standards / sections
  2. Helping you understand why transactions are accounted for the way they have been
  3. Simplifying the financial statement reporting process by breaking down the presentation and disclosure requirements Session 2:
  4. Section 9: Consolidated and Separate Financial Statements
  5. Section 19: Business Combinations and Goodwill
  6. Section 14: Investments in Associates
  7. Section 15: Investments in Joint Ventures
  8. Accountants in business whose firms have adopted IFRS for SMEs as the accounting framework.
  9. Auditors in a South African context, so as to successfully enable them to identify and assess the application of the framework.

Section 7: Statement of Cash Flows

  1. Section 8: Notes to the Financial Statements.