Consolidated Financial Statements A Complete Study

Consolidated Financial Statements A Complete Study

Welcome to this Course Consolidated Financial Statements A Complete Study.

In Consolidated Financial Statements, Financials of parent company and its subsidiaries will be consolidated as if  they are a single economic entity. Preparation of Consolidated Financial Statements involves highly technical and complicated procedures  - However worry not  - this course will take you through step by step as to how consolidated financial statements are prepared.

Please note this course is structured following Indian Accounting Standard norms -  so students from other countries may find differences on treatment of few items.

Let me explain how this is structured:

This course is structured in self paced learning style. Use your headsets for effective listening.

At first I will be explaining what is the  concept of group,  holding company and subsidiary company-  then I will take you through why consolidated financial statements are prepared, its advantages and certain other related theoretical matters followed by few examples and case studies.

In next, section I will take you through the components,  important terms and basic inputs for preparing Consolidated Financial Statement followed by Consolidation procedure and few examples.  Then I will be explaining treatment of Dividends with supporting case studies.         I will also take you through treatment of Bonus shares,  Revaluation of fixed assets,  Minority interest  with supporting case studies.

In next section I will show you how you can compute Goodwill or Capital Reserve arising in consolidation process with calculations/ case studies. Then, I will take you through to case studies for preparing Consolidated Balance sheet and Profit and loss account

Go through the course curriculum before enrolling.

See you inside the course

Step by Step course to learn preparation of Consolidated Financial Statements

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What you will learn

• Consolidated Financial Statements preparation

Rating: 3.35

Level: Intermediate Level

Duration: 6 hours

Instructor: Raja Natarajan, B.Com., PGDBA, FCA