This is a complete almost 80-minute IFRS consolidation lecture that puts you on the solid starting point:

 

The content of this lecture (with links to text versions)

– whether you’re a student or professional, this full-course video is designed to give you the solid starting point to consolidate under IFRS confidently.

Special For You! Have you already checked out the  IFRS Kit ? It’s a full IFRS learning package with more than 40 hours of private video tutorials, more than 140 IFRS case studies solved in Excel, more than 180 pages of handouts and many bonuses included. If you take action today and subscribe to the IFRS Kit, you’ll get it at discount! Click here to check it out!
 

In-depth lectures on consolidation

The premium course, the IFRS Kit, contains 23 video lectures with 19 detailed solved examples, plus a few more examples in Excel file.

There’s much more inside the IFRS Kit on many IFRS topics, not just consolidations – please download the program tour here. And, it is great for both individuals AND corporate teams.

Consolidation lecture contains:

  • Detailed introduction to group accounts
  • Control (IFRS 10):
    • Definition and identification of control – including very specific situations;
    • Control vs significant influence: what’s the difference?
  • Consolidated financial statements:
    • What consolidated financial statements are and how to prepare them
    • What accounting requirements IFRS 10 prescribes
    • Who does not need to consolidate? (IFRS 10 exceptions)
    • Group accounts and “related parties” issue
  • Consolidated statement of financial position:
    • IFRS 10: Consolidation procedures STEP-BY-STEP, with examples
    • IFRS 3: Non-controlling interest – what it is, how to recognize it, two methods of measuring NCI (fair value, proportionate share) – with detailed solved examples
    • IFRS 3: Goodwill – what it is, it’s calculation, positive vs. negative goodwill, impairment of goodwill – with detailed solved examples
    • IFRS 3: Consideration transferred – what to include, how to measure, with detailed solved example
    • Intra-group transactions, adjustment of unrealized profit – with detailed solved examples
    • Fair value adjustments and other consolidation adjustments – with detailed solved examples
    • Complex example on consolidated statement of financial position
  • Consolidated statement of profit or loss and other comprehensive income:
    • Mid-year acquisitions and dividends paid – with detailed solved example
    • Intra-group trading profit – with detailed solved example
    • Disposal of a subsidiary – with detailed solved example
  • Investments in associates and equity method:
    • What is significant influence and how to detect it
    • Equity method: basic procedures – with detailed solved example
    • Separate financial statements under IAS 27
    • Equity method: treatment of goodwill, intra-group transactions, fair value adjustments, dividends – with detailed solved example
  • Joint arrangements (IFRS 11):
    • What is joint control and how to detect it
    • Joint ventures vs. joint operations
    • How to account for joint arrangements

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    Special For You! Have you already checked out the  IFRS Kit ? It’s a full IFRS learning package with more than 40 hours of private video tutorials, more than 140 IFRS case studies solved in Excel, more than 180 pages of handouts and many bonuses included. If you take action today and subscribe to the IFRS Kit, you’ll get it at discount! Click here to check it out!