|$898.80 (including GST)|
This hands-on workshop is designed specifically to give Accountants and Finance Professionals a good grasp of the fundamentals of Consolidation Accounting. The Trainer will discuss and illustrate the issues related to the preparation and presentation of consolidated financial statements for groups with subsidiaries and associates.
You will get to work on practical examples and case studies using Excel Spreadsheets, and learn to prepare the consolidated financial statements (balance sheet) and the consolidated statement of profit or loss and other comprehensive income (profit or loss account) effectively.
At the end of the workshop, you will:
Introduction – standards and model applied
A practical overview of the standards relevant to consolidated financial statements:
Basic post-combination principles
Understanding the rationale of elimination of unrealized profit
FRS 103 requirements
Discuss the FRS requirements that apply in accounting for the acquisition of a subsidiary using the acquisition method of accounting
Acquisition life cycle
Application of the economic entity model to the acquisition life cycle
Participants are encouraged to bring along their laptops (equipped with Excel Spreadsheets) for the exercises and worked examples.
Participants without the use of laptops will be issued with hard copies of the exercises to facilitate learning
This workshop qualifies for 14 CPE hours in Financial Reporting Standards and Pronouncements (Category 1)
Oh Ai Sim
Ai Sim is a qualified Accountant with over 20 years of audit related experience in a big four accounting firm. Her portfolio of clients included listed companies, multi-national companies and private entities, covering specialized industries in the technology sectors, property development and construction, retail and warehousing, manufacturing, trading and charitable organizations.
Ai Sim was involved in initial public offerings, mergers and acquisitions, due diligence and corporate restructuring.
She was also actively engaged in technical training during her audit career. She now conducts training regularly on FRS and audit related topics.
Prices shown are in SGD and inclusive of 7% GST but do not include handling & shipping (if applicable)
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