Financial Statements Consolidation and Investment Accounting Course
Accounting, Finance and Budgeting Training

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Financial Statements Consolidation and Investment Accounting Course
Course Overview:
This course aims to prepare participants for the challenges of preparing Consolidated Financial Statements as well as for the challenges of accounting for investments as part of business combinations.
It is expected that after completing this course, participants will be familiar with the consolidation processes of the financial statements and the use of acquisition methods for control, measurement of goodwill and accounting for non-controlling interests.
The course offers some more details, including Accounting for equity Method, Fair value Accounting, and investment accounting among several other financial instruments. Participants will be familiarized with specific issues such as the treatment of business combinations, transactions and impairments in both IFRS and US GAAP contexts. Also, the content of the course will include post-combination accounting – accounting for contingent liabilities, measurement of goodwill, etc., which would equip participants with the knowledge and skills that are required in dealing with intricate financial transactions and investment demarcations for a corporation.
Finance and accounting practitioners wishing to further their theoretical background and acquire practical experience in demarcating business combinations and accounting for investment elements would find this course useful.
Course Objectives:
At the end of this Financial Statements Consolidation and Investment Accounting Course, you will be able to:
- Realize the way toward consolidating Financial Statements.
- determine business consolidation and their related transactions.
- Identify business combinations and their related transactions.
- Apply the acquisition method for business combinations.
- set the acquisition strategy for business combinations.
- measuring goodwill and non-controlling interest.
- Classify distinctive sorts of financial tools and accounting strategies for each.
- Account for transactions as indicated by reasonable esteem technique, equity methods, and amortized cost.
- distinguish contrasts and likenesses between International Financial Reporting Standards (IFRS) and the US Generally Accepted Accounting bases.
Who Should Attend?
This Financial Statements Consolidation and Investment Accounting Course is ideal for:
- Employees working in the accounting/finance department
- Students/employees want to expand their accounting/finance knowledge
Course Outlines:
Financial Instruments
- Divisions of Investments.
- Display of Financial tools.
- Characterizing accountability from Equity.
- Held-to-Maturity Debt Securities (HTM).
- Trading Securities.
- Available-for-Sale Securities (AFS).
- fair value option (FVO) for financial liabilities to be measured through profit or loss.
- identifying Fair Value.
- primary and following Measurement.
- recategorization and transmission among divisions.
- bands on Reclassifications.
- Derecognition of Financial tools.
- Accounting for Sales of Financial tools
- The Recent Accounting Updates According to IFRS
Investments in Associates
- Accounting Based on the Equity Method.
- Conditions when Cost procedure is usable.
- Distinctions in Financial Year.
- Intercompany Transactions among Investor and Investee.
- Accounting for a fractional Sale or further Purchase of Equity Investment.
- Shift in Standard of Ownership or Degree of Influence
- Accounting for Impairment.
Transactions Accounted for as Business Combinations
- determining a preparing business.
- frameworks of Business Combinations.
- IFRS and US GAAP importance.
Accounting for Business Combinations
- Setting the Acquisition Plan.
- Recognizing the Acquirer.
- Describing and measuring the recognizable sensible and insensible Assets. Acquired and Liabilities Assumed.
- Realizing and Measuring any Non-controlling Interest.
- Measuring the Consideration Transferred.
- Realizing and Measuring Goodwill or Gain from a Bargain Purchase.
- Earning Related Costs.
- Accounting for Gain on Bargain Purchase Option.
Consolidated Financial Statements
- Explaining “Control”.
- Diversities in Ownership Interest without disorder.
- diversities in Ownership Interest producing in Loss of Control.
- integration Procedures.
- Intercompany Transactions and Balances.
Post Combination Measurement and Accounting
- Reacquired Rights
- Contingent Liabilities
- Indemnification Assets
- Contingent Consideration
Goodwill and Gain on Bargain Purchase Options
- Measurement of Goodwill.
- Fragility of Goodwill
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