Consolidated Financial Statements under IFRS
What you'll learn
- Preparation of Consolidated Financial Statements under IFRS
- Basic Knowledge of Financial Accounting
WHO THIS COURSE IS FOR:
Accounting and Finance Professionals as well as students from ACCA, CIMA, CA, ICAEW,, CAT BBA, MBA and others studying Financial Accounting under IFRS
This 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 eighty 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.
The course starts with basics of consolidated financial statements. We become familiar with the important concepts such as calculation of consideration and different types of considerations, then we move to calculate the net assets of subsidiaries and adjustments to fair value and its impacts on SOFP and SOCI, clculation of goodwill, grossed up goodwill and impairment of goodwill. Another important part is valuation methods of non controlling interests and their share in goodwill and its impairment, if any. Finally we move to case studies. The course includes several long case studies for consolidated financial statements.
Overall, by the end of the course the particiapnts will gain thorough knowledge about consolidated financial statements and will become expert in preparing consolidated financial statements.
ABOUT THE INSTRUCTOR
I am a qualified accounting and finance professional with over twenty years of professional experience. I have been teaching accounting and finance courses for over fifteen years and have taught more than twenty thousand delegates including students, young accountants, chief accountant and finance managers.
Who this course is for:
- Accountants, Senior Accountants, Students of Accounting Qualifications such as ACCA, CIMA, CA, ICAEW, CAT or other Accounting Qualifications
A 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.
Like most accounting and finance professionals, I started my career as finance executive and then over the years rose to the position of CFO in a multinational company in oil and gas industry.
I have also worked as a consultant with the World Bank and European Union on different projects in Middle East, Eastern Europe and CIS countries during 2011 to 2018 as a principal consultant for IFRS and Financial Management.
I am qualified professional with three professional qualifications MBA, ACCA and CIMA UK. I have been teaching IFRS, Financial Reporting, Financial Management and Performance Management for over fifteen years and my focus areas are ACCA and CIMA qualifications.