Consolidated Financial Reporting II
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