Consolidated Financial Statements | Example
Рет қаралды 12,717
2 жыл бұрынIn this accounting lesson, we go through an example where we complete:
1) Consolidated Statement of Profit or Loss (Consolidated Statement of Comprehensive Income)
2) Consolidated Statement of Financial Position
We address issues such as:
1) Intra-group sales: 08:01
2) Unrealised profit: 12:52
3) Negative goodwill (Bargain purchase): 25:26
4) Equity investments in consolidation: 43:35
5) Group Retained Earnings: 48:49
We also look at contingent consideration, non-controlling interest, fair value adjustment on PPE, net assets at acquisition..
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@akanirokingsley3304 2 жыл бұрын
I havent gone through the whole videos but I can satisfactorily say that u are very good in explanation
@howcan1711 2 жыл бұрын
Best lecturer
@nawafalanazi8914 Жыл бұрын
The total amount of revenue was calculated wrong! You haven’t taken into consideration that The main company is acquired only 80% of the subsidiary company
@Globalpeaceseeker 3 ай бұрын
😂😂
@abdulsoburabiola4085 Жыл бұрын
Too small to see clearly
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