IFRS - Consolidation - IFRS 10 and 12

1.5

Total CPE

Tuition
$165.00

Approximate Length
01:30:00

Course Number
17-WB-605

1.5

Total CPE

Tuition
$165.00

Approximate Length
01:30:00

Course Number
17-WB-605

Course Details

This course explains the control model in IFRS 10 Consolidated Financial Statements and required disclosures in IFRS 12 Disclosures of Interests In Other Entities. The course also explains presentation requirements for non-controlling interests, consolidation accounting requirements and accounting for a loss of control.

By the end of this course, participants should be able to:

identify the scope and core principles of IFRS 10
recall the control model in IFRS 10
identify how to apply consolidation accounting in accordance with IFRS 10
identify requirements for consolidation accounting and accounting for non-controlling interest and loss of control
apply steps of the control model in IFRS 10 to specific scenarios
determine journal entries to account for a loss of control
identify the disclosure requirements in IFRS 12.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, IFRS 10, IFRS 12, Consolidations, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

Level of Knowledge: Basic
Field of Study: Accounting - 1.5
Delivery Method: Web Based Self Study