Available Course
IFRS - IFRS 10 Consolidated Financial Statements
>> Click here to book this training as an In-House course <<
Duration: | 2.00 |
CPD Hours: | Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc) |
Course Facilitator: |
Tristan White
T: 0118861395 E: gillian@probetatraining.co.za |
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When faced with the daunting task of preparing a set of group financial statements for entities that are required to consolidate, there is often a fair amount of panic and uncertainty for finance professionals as well as auditors.
This session will look to break down the daunting consolidation process into bite-sizes, ensuring that you
- Follow the technically correct consolidation procedures of IFRS 10 when preparing consolidated financial statements, as well as,
- Practically equipping you through the use of examples, to help visualise typical consolidation entries and goodwill calculations.
This session will unpack several key questions when consolidating:
• Who must prepare consolidated financial statements?
• Are standalone financial statements also required?
• When do I have “control” over another entity, leading to the need to consolidate?
• What are the consolidation procedures / entries for preparing consolidated financial statements?
• Practical examples to illustrate typical consolidation entries
☒Financial managers
☒Auditors
☒Bookkeepers
☒Financial accountants
☒Audit managers
☒Audit partners
☒Engagement Quality Control Reviewers