Online Course - Consolidated Financial Statements

Advanced course on Financial Reporting for CA / CMA / CS / CFA / CPA/ ACCA / MBA Finance Students

Take this Course for $10
Welcome to this Online Course on Consolidated Financial Statements

In this course you will learn :

1.Introduction to Consolidated Financial Statements
2.Concept of Group, Holding Company and Subsidiary Company
3.Difference between Wholly Owned and Partly Owned Subsidiary
4.Purpose of preparing the Consolidated Financial Statements
5.Exclusion from Preparation of Consolidated Financial Statements
6.Consolidation of LLPs and Partnership Firms
7.Advantages of Consolidated Financial Statements
8.Example 1 for Holding Subsidary Relationship
9.Example 2 for Holding Subsidary Relationship
10.Untitled Lesson
11.Share holding by holding and subsidiary company among themselves
12.Components of Consolidated Financial Statements
13.Important terms in Consolidated Financial statements
14.Basic inputs for preparing Consolidated Financial Statements
15.Consolidation Procedure
16.Steps in preparing CFS
17.Example 4 Calculation of Pre-acquisition Profits and Reserve
18.Ex:5 Calculation of Pre-Acquisition Profit & Reserves when Profit is available
19.Treatment of financial Dididend for previous year in current year
20.Example 6 Treatment of Financial Dividend for PY Paid ion CY
21.Example 7 Rectification of PY Dividend Credited to P&L A/c
22.Treatment of an Interim Dividend for the CY paid during the CY
23.Example 8 Treatment of Interim Dividend for CY paid during CY
24.Treatment of Proposed Equity Dividend for the Current Year
25.Example 9 Treatment of Proposed Equity and Pref Dividend for CY
26.Example 10 Treatment of Reserve created during the year
27.Treatement of Bonus Shares issued during the year
28.Example 11 Treatment of Bonus Shares
29.Treatment of Revaluaiton of Fixed Assets of Subsidiary Company
30.Example 12 Treatment of Revaluation of Fixed Assets of Subsidiary Company
31.Miniority Interest
32.Case Study Treatment of Losses related to Miniority Interest
33.Case Study Treatement of Pre and Post Acquistion Dividend by Holding Co.,
34.Case Study involving Miniority Interest, Goodwill and Profit and Loss Treatement
35.Case Study Computation of Miniority Interest, Goodwill and treatement of Dividend
36.Calculation of Goodwill / Capital Reserve (Cost of Control) in Consolidated FS
37.Computation of Goodwill and Captial Reserve with Example in Consolidated FS
38.Computation of Capital Reserve with Example in Consolidated Financial Statements
39.Computation of Goodwill with Example in Consolidated Financial Statements
40.Case study 1 Prepartion of Consolidated Balance Sheet
41.Case Study on Consolidated Profit and Loss Account
42.Case Study 1 Consolidated Financial Statement
43.Case Study 2 Consolidated Financial Statement



Intended Audience: CA Students, CFA Students, CMA Students, ACCA Students, CPA Students, CS Students

Course Curriculum

Introduction to Consolidated Financial Statements
Concept of Group, Holding Company and Subsidiary Company
Difference between Wholly Owned and Partly Owned Subsidiary
Purpose of preparing the Consolidated Financial Statements
Exclusion from Preparation of Consolidated Financial Statements
Consolidation of LLPs and Partnership Firms
Advantages of Consolidated Financial Statements
Example 1 for Holding Subsidary Relationship
Example 2 for Holding Subsidary Relationship
Untitled Lesson
Share holding by holding and subsidiary company among themselves
Components of Consolidated Financial Statements
Important terms in Consolidated Financial statements
Basic inputs for preparing Consolidated Financial Statements
Consolidation Procedure
Steps in preparing CFS
Example 4 Calculation of Pre-acquisition Profits and Reserve
Ex:5 Calculation of Pre-Acquisition Profit & Reserves when Profit is available
Treatment of financial Dididend for previous year in current year
Example 6 Treatment of Financial Dividend for PY Paid ion CY
Example 7 Rectification of PY Dividend Credited to P&L A/c
Treatment of an Interim Dividend for the CY paid during the CY
Example 8 Treatment of Interim Dividend for CY paid during CY
Treatment of Proposed Equity Dividend for the Current Year
Example 9 Treatment of Proposed Equity and Pref Dividend for CY
Example 10 Treatment of Reserve created during the year
Treatement of Bonus Shares issued during the year
Example 11 Treatment of Bonus Shares
Treatment of Revaluaiton of Fixed Assets of Subsidiary Company
Example 12 Treatment of Revaluation of Fixed Assets of Subsidiary Company
Miniority Interest
Case Study Treatment of Losses related to Miniority Interest
Case Study Treatement of Pre and Post Acquistion Dividend by Holding Co.,
Case Study involving Miniority Interest, Goodwill and Profit and Loss Treatement
Case Study Computation of Miniority Interest, Goodwill and treatement of Dividend
Calculation of Goodwill / Capital Reserve (Cost of Control) in Consolidated FS
Computation of Goodwill and Captial Reserve with Example in Consolidated FS
Computation of Capital Reserve with Example in Consolidated Financial Statements
Computation of Goodwill with Example in Consolidated Financial Statements
Case study 1 Prepartion of Consolidated Balance Sheet
Case Study on Consolidated Profit and Loss Account
Case Study 1 Consolidated Financial Statement
Case Study 2 Consolidated Financial Statement
author

CA N Raja Natarajan

Instructor

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.