Consolidated Financial Reporting II
Understand how to prepare the consolidated statement of changes in equity (CSOEC) and consolidated statement of cash flows with relevant accounting adjustments.
Format
Online
NASBA Field of Study
Business Management and Organization
Level
Basic
CPE Credits
1
Author(s)
Authored by an extensive network of global SMEs in connection with AICPA and CIMA staff.
Availability
1 year
Product Number
FLP21MP080SSO
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 CGMA® Finance Leadership Program.
- Global accounting and finance professionals
- Management accounting professionals
- Controllers
- CFOs
- Finance vice presidents
- Finance directors
- CPAs and CAs
- Consolidated statement of changes in equity (CSOEC)
- Consolidated statement of cash flows
- Recognize how to prepare a consolidated statement of changes in equity (CSOEC)
- Recognize how to prepare a consolidated statement of cash flows.
Group ordering for your team
2 to 5 registrants
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We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org
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