Strategy
Format
Course - Online
Level
Basic
Duration
2h
Identify when consolidated financial statements need to be produced and how to prepare and present the consolidated statement of profit and loss and other comprehensive income, CSPLOCI and the consolidated statement of financial position (CSOFP) with relevant accounting adjustments.
£55.00
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Consolidated financial statements present the financial position of a parent and its subsidiaries as if the consolidated group were a single economic entity. This course provides an overview of the basics of consolidation when the parent owns less than 100% of the equity shares of the subsidiary. Managers should recognize the relevant accounting adjustments to prepare a CSPLOCI and CSOFP.
The practical hands-on exercises use real-world examples such as case studies and scenarios and are designed to give you the skills to evaluate business performance and get a deeper understanding of various ways to improve the business performance and align with organization goals. This consolidated financial reporting topic can assist the decision-making process by focusing on the appropriate consolidation adjustments to remain a long-term, viable going concern.
This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.
This Course - Online offers 2 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.
| Field of study: | Business Management and Organization |
|---|---|
| Prerequisites: | None |
| Programme level: | Basic |
| Duration: | 2h |
| Format: | Course - Online |
| Access: | This is a digital product. You will have access to the content for a year after purchase date. |
£55.00
VAT calculated on checkout