Consolidated Statement of Financial Position| ACCA F7 / F3 | FR | CA | CPA | Commerce Specialist

This video from Commerce Specialist explains the Basic Concepts of Consolidation of Financial Statements, Explains how to prepare Consolidated Statement of Financial Statements.
Detailed explanation is given on How to Calculate Goodwill on Acquisition, Group Retained Earnings, Group Reserves, Non Controlling Interest, NCI, Provision for Unrealized Profit, Dealing with Inter Group Balances and dealing with Fair Value on Acquisition. Explanation is also given for treatment of Pre and Post Acquisition Profits.
This video is relevant for students of CMA, ACCA F7, Financial Reporting, Corporate Reporting, ACCA F3, Financial Accounting, ACCA SBR, Strategic Business Reporting, CIMA, CA, MBA, CPA, CIA, CA, Financial Accountants and General Accountants.
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