Consolidated Financial Statement Under Ifrs

From Beginners to Advanced - A Complete Course

What you'll learn
Learn the principles of consolidated financial statements under IFRS
Make adjustements to group financial statements
Learn how to prepare consolidated Statement of Financial Positions - SOFP
Learn how to prepare Consolidated Statement of Comprehensive Income - SOCI
Case Studies
Requirements
Basics of Financial Accounting
Description
WHO THIS COURSE IS FOR:  This course is prepard for Accounting and Finance Professionals as well as students from ACCA, CIMA, CA, ICAEW,, CAT BBA, MBA and others studying Financial Accounting under IFRSCOURSE OVERVIEWIt is a complete course on preparation of consolidated financial statements.  The course focuses on learning through practice questions and this the reason the course lecture videos are more than seventy percent on doing practice questions and exercises with detailed explanation.  I believe that doing questions is the best way to understand the process of consolidation.We start with the very beginning, level zero, and then gradually move towards more complicated scenarios to address the advanced issues related to consolidated financial statements.ABOUT THE INSTRUCTORA qualified accounting and finance professional with over twenty years of extensive experience in diversified industry sectors such as auditing, large scale manufacturing and oil and gas.I started my career as finance executive and rose to the position of CFO in a multinational oil and gas industry. I also worked as a consultant with the World Bank and European Union for IFRS and Financial Management and have lead projects in Middle East, Eastern Europe and CIS.I have been teaching different courses from ACCA and CIMA qualifications as well as other Accounting and Finance courses for over fifteen years.

Overview

Section 1: Introduction

Lecture 1 1. Introduction

Lecture 2 2. Introduction and Overview

Lecture 3 3. SOFP - Net Assets and Goodwill

Lecture 4 4. SOFP - Consideration

Lecture 5 5. Short Questions

Lecture 6 6. Markup and Margin

Lecture 7 7. Unrealized Profit - PUP

Lecture 8 8. NCI Valuation Methods

Lecture 9 9. SOFP F7 - Q 306 - Party Co

Lecture 10 10. Intra Group Sale of Assets, Interests and Dividends

Lecture 11 11. Income Statement Introduction

Lecture 12 12. Income Statement MCQs

Lecture 13 13. Q 303 Tyson Co - SOCI

Lecture 14 14. SOFP Dec 2019 Exam

Lecture 15 15. Case Study - Consolidated SOCI

Lecture 16 16. Case Study - Calculation of Goodwill

Lecture 17 17. Case Study - Goodwill and Impairment

Lecture 18 18. Case Study - Consolidated SOFP Paradigm

Lecture 19 19. Case Study - Consolidated SOCI and Cash Flow Hedge

Lecture 20 20. Case Study - Diamond Co - Part 1

Lecture 21 21. Case Study - Diamond Co - Part 2

Lecture 22 Disposal of a Group Company

This course is equally beneficial for working accountants as well as students who are persuing their accounting qualification.