Example: How To Consolidate

Поделиться
HTML-код
  • Опубликовано: 23 сен 2014
  • www.cpdbox.com
    This is the “consolidation example” that teaches you how to consolidate step by step in line with IFRS 10 Consolidated financial statements.
    Although it’s quite simple, you’ll learn how to deal with non-controlling interest and goodwill, too.
    If you’d like to learn how to consolidate in details, or anything about financial reporting in general, please visit www.cpdbox.com and subscribe to our free newsletter!
    ------
    *Online IFRS course by Silvia, CPDbox: www.cpdbox.com/ifrs-kit/
    *Subscribe to Silvia's free newsletter: www.cpdbox.com/
    #IFRS #ifrsaccounting #IFRS10 #IFRS3 #IFRSconsolidation

Комментарии • 66

  • @CPDbox
    @CPDbox  Год назад

    Thanks for watching! Let’s connect:
    *Newsletter: www.cpdbox.com/
    *LinkedIn: www.linkedin.com/in/silviamahutova/
    *Instagram: instagram.com/cpdbox/

  • @acepace136
    @acepace136 7 лет назад +13

    Excellent and efficient example of covering consolidated accounting. I understood the basics of the topic by looking at it once. I now know what consolidated accounting is, whatit is used for, why it is used, and how it is done (at least the basic jist of it) without reading a bulky textbook for hours and still not have an idea on what I am doing. Thank you so much Silvia!!!!!!

  • @marylynkoinakimisack2057
    @marylynkoinakimisack2057 3 года назад +6

    Hi Silvia, Its good to know this topic through your demonstration and explanations. For sure this topic is really confusing for me in terms of applying the steps in various problems.Thank you and kind regards!!!

  • @anewzim
    @anewzim 3 года назад

    Simple, yet very logical and straight forward.

  • @toddgilbey3979
    @toddgilbey3979 5 лет назад

    Simple. Straight-forward. Boom!

  • @anitaweng8456
    @anitaweng8456 2 года назад

    Explain in such a wonderful and easy way!! Love it!!

  • @mohamadelias9693
    @mohamadelias9693 5 лет назад +1

    Hi Silvia, thank you very much for your wonderful way of making things simple. Great example!!! Thank you so much. :)

  • @irfanquadri5843
    @irfanquadri5843 5 лет назад +1

    Thanks Silvia. Again a wonderful learning.

  • @achudakhinkudachin2048
    @achudakhinkudachin2048 5 месяцев назад

    Silvia is a teacher from God!

  • @jihane0jihane
    @jihane0jihane 8 лет назад

    Silvia , you show a different way how to consolidate , I LIKE YOUR VIDEOS ,

  • @hammadabbasi8741
    @hammadabbasi8741 8 лет назад

    it is nice to take guide from you....Thank you Silvia M. (of IFRSbox) ,thanks youtube

  • @sumbootubanjo548
    @sumbootubanjo548 5 лет назад +3

    yes so simple and staight forward , pls lets have some more full question on this topic.
    thanks

  • @anaikmaurel6079
    @anaikmaurel6079 5 лет назад

    Excellent video. I've recommended it to my classmates. Thks

  • @akanisifatafehi5999
    @akanisifatafehi5999 9 лет назад +3

    it is good to draw the various columns so that oyu are clear on what changes are going where

  • @nsanzubumwej.thomas908
    @nsanzubumwej.thomas908 5 лет назад

    May God bless you.Excellent one.

  • @yinyin7614
    @yinyin7614 2 года назад

    Fantastic video. Thanks for teaching.

  • @brightlites1940
    @brightlites1940 7 лет назад +1

    So simple to understand

  • @parwezsanhamut106
    @parwezsanhamut106 4 года назад

    Great. Very well explained

  • @fadimog5356
    @fadimog5356 7 лет назад

    simple and understandable. thx

  • @fahimkhanchowdhury2577
    @fahimkhanchowdhury2577 7 лет назад +2

    thank you silvia ,your ifrsbox is just awesome as well as your explanation

  • @obeidndemeke4992
    @obeidndemeke4992 5 лет назад

    Ndemeke.
    Thanks my dear sister I got many thing which i fail to understand in the class

  • @uanuradha
    @uanuradha 9 лет назад

    Thank you very much

  • @mahmoudfarag7468
    @mahmoudfarag7468 4 года назад

    That was amazing
    Thank you

  • @albertchapman5281
    @albertchapman5281 2 месяца назад

    well explained, summed up and clear... 👌

  • @yankoboev841
    @yankoboev841 3 месяца назад

    Perfect job!

  • @INAdnyana
    @INAdnyana Год назад

    great video. thank you.

  • @chichhoy7572
    @chichhoy7572 5 лет назад

    Thank for explain

  • @salahatya7298
    @salahatya7298 4 года назад

    it was so useful thanks alot.

  • @MrRameshpuru
    @MrRameshpuru 5 лет назад

    Hello Silvia, Your Explanation are Simply Superb and Crystal Clear Voice, Thanks you and your Technical Team....

  • @lorenabarros6102
    @lorenabarros6102 3 года назад

    thanks for shared. you are amazing. 🇧🇷

  • @saffranaaziz
    @saffranaaziz 4 года назад

    Thank you so much, this made many things clear

  • @teferimulugeta9009
    @teferimulugeta9009 8 лет назад

    Hello Silvia ,it is nice and brief demonstration,but i wonder what we will do while we consolidate foreign branches to the parent company currency ,or do you have any video related with that

  • @bakrisuliman5362
    @bakrisuliman5362 4 года назад

    Thanks that best explain

  • @Aespha
    @Aespha Год назад

    thanks!

  • @changlipyuan2542
    @changlipyuan2542 Месяц назад

    Miss...why you so genius?

    • @CPDbox
      @CPDbox  29 дней назад

      Not genius, just totally love to teach :)

  • @jk-hw2jo
    @jk-hw2jo 5 лет назад +1

    Hi Silvia, throw some light on Income Statement consolidation also

  • @thoughtmagic902
    @thoughtmagic902 3 года назад

    Could you please explain how to prepare detailed monthly consolidation accounts in excel templates? BS, PNL and CF is easy.

  • @Ivan-tk7pn
    @Ivan-tk7pn 7 лет назад +2

    HOW DO U DEAL WITH DIFFERED TAX OF ARISING ON FV DUE TO ACQUISITION OF SUB AND DISPOSAL OF THAT FV ON DISPOSAL

  • @siddusidd5571
    @siddusidd5571 3 года назад

    Silvia can you please tell me whether all this Identifiable net assets,Goodwill,NCI will come in Consolidated Financial statements of Parent entity right?.will there be any journal entries in separate financial statements

  • @melynakeoduangsy678
    @melynakeoduangsy678 5 лет назад +2

    how to consolidation statement of profit or loss? Please

  • @star5guy
    @star5guy 6 лет назад +1

    Hi, i am little confused by example set up here. You said Mommy acquired baby at time of incorporation which seems to be well before Dec 31, 20x4. My query is if Mommy acquired 80% of baby, then why as of Dec 31, 2004 - its showing as an investment ??
    You mean mommy used equity method to originally account for 80% purchase ?

  • @YEAHBOY1994
    @YEAHBOY1994 3 года назад

    What would the case be if it was pre acquisition instead of post acquisition?

  • @NG-gb1ov
    @NG-gb1ov 6 лет назад +1

    How would you consolidate this:
    A holds 75% in B, and 10% in C; while B also holds 60% in C?

  • @shravyapandiri3176
    @shravyapandiri3176 7 лет назад

    If a company X has a subsidiary Y (67% shareholding) and the company Y has joint venture with company Z(50%)
    Now what should company X account for JV- 67%*50%=33% (or) 50%?
    Pl provide the relevant IFRS example

  • @rijoys
    @rijoys 3 года назад

    Hi Silvia , do you think , you can share this spread sheet with us ?

  • @dustinrecko190
    @dustinrecko190 7 лет назад

    PMSc6C was here

  • @Old_is_still_Gold
    @Old_is_still_Gold 5 месяцев назад

    Hello Silvia,
    Great work.
    Can you share the link to download this excel file for practicing
    Thank you

  • @r3nfree103
    @r3nfree103 9 лет назад +1

    Could I have the excel file for this example?

  • @winstonblanco2427
    @winstonblanco2427 5 лет назад

    Gud evening maam silvia can i request for a video for branch and agency accounting as well as deffred taxes thank you:)

  • @humanbeing888
    @humanbeing888 2 года назад

    Hi Silvia, the video assumed that the two entities are with the same currencies. I remember from your other video, you mentioned that if they are in different currencies, then the cash flow statement should be separated. As cashflow comes from the movement in BS and PL, if we separate the parent and sub on the cash flow basis, does it mean after the consolidated BS is done, we need to exclude those subs with difference currencies so the movement of the cash flow only reflects the parent?

    • @CPDbox
      @CPDbox  2 года назад

      Hi Rudy, thank you, but that's not exactly what I said. Please find more here: www.cpdbox.com/consolidated-cash-flows-foreign-currencies/

  • @abdullahnarejo1259
    @abdullahnarejo1259 2 года назад

    Fair value can you please explain that

  • @shreyajeloka5060
    @shreyajeloka5060 9 лет назад

    hello silvia can you please explain me what is the meaning of other components of equity? please . thank you

    • @CPDbox
      @CPDbox  9 лет назад +2

      shreya jeloka For example - share premium, revaluation surplus, hedging reserve... anything that is recognized directly in equity in line with the other standard.

  • @herrowbirry
    @herrowbirry 6 лет назад

    NCA Transfer please!

  • @dinosarker4942
    @dinosarker4942 5 лет назад

    Great stuff, Silvia! Thanks.
    Btw, do I hear a slight Russian accent?

    • @CPDbox
      @CPDbox  4 года назад

      No, not Russian.

  • @ramonas9313
    @ramonas9313 4 года назад

    Sylvia I have been emailing you but no response, I want to know whether one can pay off the IFRS kit course in installments?

    • @CPDbox
      @CPDbox  4 года назад

      Hi Ramona, I did reply to you. Please check your spam folder. Thank you.

  • @izyanhazwanie
    @izyanhazwanie 8 лет назад

    Why the equity is minus?

    • @zept119
      @zept119 3 года назад

      becase asset is + and hence equity is -. Gosh you are so stupid, karen.

  • @rizwannasir4195
    @rizwannasir4195 8 лет назад

    SALVIA DARLING CAN YOU SEND ME THE COPY OF THIS EXCEL WORKSHEET.......................UMMMMMMMMMMMMM

    • @CPDbox
      @CPDbox  8 лет назад +3

      +Rizwan Nasir Hi Rizwan, you can find it on my website. S.

  • @flake8382
    @flake8382 Год назад

    Sure would've been nice for my professional body to actually TEACH me this instead of just expecting me to be able to do it on exam day huh.

    • @CPDbox
      @CPDbox  Год назад

      Then I am happy to help your professional body here on YT :) good luck with your exams!