Online Course - Consolidated Financial Statements

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

Course Summary

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

Course Curriculum

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

CA N Raja Natarajan

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.

John Smith

Developer

Highly Recommended Course. Easy to Understand, Informative, Very Well Organized. The Course is Full of Practical and Valuable for Anyone who wants to Enhance their Skills. Really Enjoyed it. Thank you!!

Course Summary

Course Curriculum

Introduction to Consolidated Financial Statements

Steps in Preparation of Consolidated Financial Statements

Computation of Goodwill / Capital Reserve in Consolidation

Consolidated Balance Sheet and Profit and Loss Account

Comprehensive Case Studies in Consolidated Financial Statements

CA N Raja Natarajan

John Smith

Highly Recommended Course. Easy to Understand, Informative, Very Well Organized. The Course is Full of Practical and Valuable for Anyone who wants to Enhance their Skills. Really Enjoyed it. Thank you!!

Course Pricing

One time payment