Page 8 - Finac2 Test 1 Slides - 1. Consolidated And Separate Financial Statements

CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS

Prescribed Study Material

• Group Statements, current edition, Volume 1

Chapter on

• A group of entities and its financial statements: theory and background
• Consolidation at acquisition date

• Consolidation after acquisition date

• Intragroup transactions

• Adjustments and sundry aspects of group statements
• Consolidation of complex group

• Interim acquisition of an interest in a subsidiary

• Group Statements, current edition, Volume 2, Chapter 10.

• IAS 27 Separate Financial Statements.

• IFRS 10 Consolidated Financial Statements.

• IFRS 12 Disclosure of Interests in Other Entities.

• Understanding of IFRS 9 Financial Instruments.

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