Consolidated Financial Reporting II



Consolidated Financial Reporting II

  • Format

    Course - Online

  • Level


  • Duration


Understand how to prepare the consolidated statement of changes in equity (CSOEC) and consolidated statement of cash flows with relevant accounting adjustments.

Learning outcomes

  • Recognize how to prepare a consolidated statement of changes in equity (CSOEC)
  • Recognize how to prepare a consolidated statement of cash flows.

£35.00 (CIMA members only)


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Product information


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.

Who should take this course?

  • Global accounting and finance professionals
  • Management accounting professionals
  • Controllers
  • CFOs
  • Finance vice presidents
  • Finance directors
  • CPAs and CAs

Professional development

This Course - Online offers 1 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
Programme level:Basic
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£35.00 (CIMA members only)


VAT calculated on checkout