Page 241 - SBR Integrated Workbook STUDENT S18-J19

Chapter 18

Group accounting – Basic groups

Outcome

By the end of this session you should be able to:

 discuss and apply the principles behind determining whether a business
combination has occurred

 discuss and apply the acquisition method of accounting for a business
combination

 discuss and apply the application of the control principle

 discuss and apply the equity method of accounting for associates

 discuss and apply the classification of joint arrangements and prepare the
financial statements of parties to the joint arrangement

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 18 of your Study Text

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