workshop

Consolidation Workshop

Consolidation Workshop



INTRODUCTION
Background and Historical Perspective General overview on IFRS 10, IFRS 11, IFRS 1, IAS 27 and IAS 28

DEFINITION OF TERMS
Joint arrangements
  • Types of joint arrangement
  • Accounting for joint operations
  • Accounting for joint ventures

ASSOCIATES
  • Identification of an associate
  • Accounting for an associate

EQUITY METHOD OF ACCOUNTING
SEPARATE FINANCIAL STATEMENTS
BUSINESS COMBINATIONS & CONSOLIDATIONS
  • Effective Date and Transition Provisions
  • Scope
  • Identification of a subsidiary
  • Determining Fair Values
  • Transactions and Events Accounted for as Business Combinations


Accounting for Business Combinations under the Acquisition Method
  • Learn how to construct a consolidated balance sheet and income statement
  • Non-controlling interest
  • Fair value measurement
  • Goodwill
  • Eliminating entries

DISCLOSURE REQUIREMENTS
US GAAP COMPARISON


CashOMT