Groups Account: Consolidation of financial statement of wholly(100%) owned subsidiary

Group account consolidated statement of financial position.


The video shows how to consolidate a wholly own subsidiary or what it refers to as a 100% acquisition.

This shows the basic introduction to computation and consolidation of a simple group. It shows the application of steps discussed under IFRS10 - Consolidated financial statement and the basic working notes needed to consolidate as discussed in my previous video via .

In this video, you will learn how to deal with retained earnings both at the date of acquisition and also at the reporting or consolidation date
Group account
Consolidated statement of financial position

DISCLOSURE/DONATION
This is a free content made available to the public.
You can also support the channel via a token donation to get some items to produce more content in the future via


DISCLAIMER:
Although I am a chartered accountant and a lecturer but not necessarily your lecturer except you sign an agreement with me which put you in a client-expert relationship with me.
The lecture here is for learning and informational purpose and no liability will be accepted if used solely.
Kindly consult an accountant when the application of a concept is not clear enough.

consolidated financial statements,acca,f7,ican,group account,consolidated financial statements example,consolidated financial statement,consolidation of financial statements,advanced accounting,financial accounting,cpa exam,csfp,business acquisition,