Udemy

Inter-Company Transaction Tutorials

Learn inter-company important financial accounting concept, its methods and impact
Free tutorial
Rating: 4.7 out of 5 (5 ratings)
2,097 students
1hr 47min of on-demand video
English
English [Auto]

Meaning of Subsidiary, Associate and Joint Venture as per IFRS
Types of intercompany profit transactions
Unrealized Losses – downstream & upstream sale
Lateral transactions

Requirements

  • Foundation knowledge of Accounting terms

Description

Inter-company Transaction Tutorials:

A non-controlling interest (NCI) refers to a type of investment in a company in which the investor has no or little control over that company. Through this training you shall understand an important financial accounting concept, its methods and impact. All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding. Through these tutorials we shall brush upon the very basic of management accounting and how to take decisions related to it. The training has been taken with the help of practical illustrations and examples to understand the topics better. Management Accounting as the definition goes is the recording of all the costs incurred in a business in a way that can be used to improve its management.

The training will include the following;

  • Introduction - Meaning of Subsidiary, Associate and Joint Venture as per IFRS

  • Types of intercompany profit transactions

  • Examples

Downstream Sale of Goods
Upstream Sale of Goods
Downstream Sale of Goods – Partially sold to third parties
Upstream Sale of Goods - Partially sold to third parties
Sale to/by Associate
Sale to/by Joint Venture
Downstream Sale of depreciable asset
Upstream Sale of depreciable asset
Unrealized Losses – downstream & upstream sale
Lateral transactions

  • Conclusion

  • Self Test

Target Customers:

  • Accountants

  • Cost Accountants

  • Tax consultants

  • Students

Pre-Requisites:

  • Foundation knowledge of Accounting terms

  • Passion to learn and apply

Who this course is for:

  • Accountants, Cost Accountants, Tax consultants, Students

Instructor

Learn real world skills online
EDUCBA Bridging the Gap
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EDUCBA is a leading global provider of skill based education addressing the needs of 1,000,000+ members across 70+ Countries. Our unique step-by-step, online learning model along with amazing 5000+ courses and 500+ Learning Paths prepared by top-notch professionals from the Industry help participants achieve their goals successfully. All our training programs are Job oriented skill based programs demanded by the Industry. At EDUCBA, it is a matter of pride for us to make job oriented hands-on courses available to anyone, any time and anywhere. Therefore we ensure that you can enroll 24 hours a day, seven days a week, 365 days a year. Learn at a time and place, and pace that is of your choice. Plan your study to suit your convenience and schedule.

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