Page 305 - F1 Integrated Workbook STUDENT 2018

Chapter 19

Consolidated Statement of Financial

Position

Outcome

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

 Prepare the consolidated statement of financial position for a group of
companies.

 Explain the treatment in the consolidated statement of financial position for pre
and post-acquisition reserves, goodwill (including impairment), unrealised
profits and intra-group transactions.

 Prepare non-controlling interests and goodwill calculations using both the
proportion of net assets method and fair value method.

 Adjust for mid-year acquisitions.

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 20 of your Study Text

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