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Consolidated Financial Reporting
Management Accounting & Finance
CPE Self-study

Consolidated Financial Reporting

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.

$69 - $89
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Business Management and Organization

Level

Intermediate

CPE Credits

2

Author(s)

Authored by an extensive network of global SMEs in connection with AICPA and CIMA staff.

Availability

1 year

Product Number

FLP21IMP079SSO

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 Business & partner 
Product Details

Consolidated Financial Reporting

Consolidated financial statements present the financial position of a parent and its subsidiaries as if the consolidated group were a single economic entity. This course provides an overview of the basics of consolidation when the parent owns less than 100% of the equity shares of the subsidiary. Managers should recognize the relevant accounting adjustments to prepare a CSPLOCI and CSOFP.

Value added topics

  • Basics of consolidation
  • Goodwill, NCI, group retained earnings
  • Bargain Purchase
  • Mid-year Acquisitions
  • Fair Value Adjustments
  • Intragroup Transactions

Gain practical experience.

The practical hands-on exercises use real-world examples such as case studies and scenarios and are designed to give you the skills to evaluate business performance and get a deeper understanding of various ways to improve the business performance and align with organization goals. This consolidated financial reporting topic can assist the decision-making process by focusing 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 CGMA® Finance Leadership Program.

Who Will Benefit
  • Global accounting and finance professionals
  • Management accounting professionals
  • Controllers
  • CFOs
  • Finance vice presidents
  • Finance directors
  • CPAs and CAs
Key Topics
  • Introduction to group accounts
  • Consolidated statement of profit or loss and other comprehensive income (CSPLOCI)
  • Consolidated statement of financial position (CSOFP)
Learning Outcomes
  • 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.
Credit Info
CPE Credits
Online
2
NASBA Field of Study
Business Management and Organization
Level
Intermediate
Prerequisites
None
Access
Online
This is a digital product. With full paid access the content will be available to you for 1 year after purchase date.
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$89.00
AICPA Members
Online
$69.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Instructors
Authored by an extensive network of global SMEs in connection with AICPA and CIMA staff.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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Consolidated Financial Reporting
Select from the following options:
Online
$89.00
Nonmember Price
$89.00
Price excluding sales tax
$89.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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