Consolidation Accounting Explained | IFRS 10 & Group Financial Statements | Episode 1 / 2

In this video, we provide a step-by-step guide to consolidation accounting under IFRS 10 (Consolidated Financial Statements) and how businesses prepare group financial statements for parent and subsidiary companies. Whether you're an accountant, finance professional, or student, this video will help you master the key concepts of business consolidation and subsidiary reporting.

What You’ll Learn in This Video:

✅ What is Consolidation? – Definition and key principles under IFRS 10
✅ Control Assessment – How to determine if a company needs to
consolidate a subsidiary
✅ Step-by-Step Process of Consolidation Accounting
✅ Elimination Entries – Adjustments for intercompany transactions and
balances
✅ Accounting for Non-Controlling Interest (NCI)
✅ Goodwill Recognition & Impairment in group financial statements
✅ Methods of Accounting for Investments – Full Consolidation vs. Equity
Method
✅ Practical Examples to illustrate the consolidation process

Next Episode in the Consolidation Series:

📌 Episode 2 :    • Consolidation Accounting Explained | ...  


📅 Stay tuned for regular episodes featuring industry experts, thought leaders, and finance professionals. Whether you're looking to expand your knowledge or stay ahead in the industry, this series is for you!

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