Identify when consolidated financial statements need to be produced and how to prepare and present the consolidated statement of profit and loss and other comprehensive income, CSPLOCI and the consolidated statement of financial position (CSOFP) with relevant accounting adjustments.
Learning Objectives
Identify group accounting and consolidated financial statements.;Calculate a consolidated statement of profit and loss and other comprehensive income, CSPLOCI with relevant accounting adjustments.;Identify how to develop a consolidated statement of financial position (CSOFP) with relevant accounting adjustments.
Major Topics
Introduction to group accounts;Consolidated statement of profit or loss and other comprehensive income (CSPLOCI);Consolidated statement of financial position (CSOFP)
