Consolidated Financial Reporting II

Preparing the consolidated financial statements

Consolidated financial statements are of primary importance to shareholders to review the results of an entire group of commonly-owned businesses. Learn to prepare and present the statement of changes in equity, as well as the statement of cash flows for a group. Understand different scenarios in the consolidation process.

Acquire new skills to demonstrate your proficiency

• Opening equity balances versus closing equity balances
• Impact from total comprehensive income and dividends
• Cash flows from operating activities, investing activities, and financing activities
• Consolidation adjustments

Gain practical experience

Use case studies and scenarios to evaluate business performance and get a deeper understanding of various ways to improve the business performance and align with organisation goals. This consolidated financial reporting topic can assist the decision-making process by focussing 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.