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 A) 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


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