Consolidated Financial Reporting II

Available Anytime
Location: Online
1Credits
Technical Business
Registration is Open
FICPA Members
$55.00 Regular Price
Nonmembers
$65.00 Regular Price
Product Code: AI23-FLP2_AFP_1
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Business Management & Organization

Overview:

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 CGMAr Finance Leadership Program.

Objectives:

Learning Outcomes

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

Major Topics:

Key Topics

  • Consolidated statement of changes in equity (CSOEC)
  • Consolidated statement of cash flows

Designed For:

Who Will Benefit

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


Prerequisite:

None