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Introduction to Consolidated Accounts - 15th Run


In the Introduction to Consolidated Accounts workshop, participants will go through the requirements of the FRS linked to consolidation and learn how to prepare consolidated accounts, prepare consolidation entries and practice equity accounting entries for investments in associates.

During the workshop, participants will have hands-on practice through several case studies and exercises to appreciate the key concepts. Participants are encouraged to bring along their calculators for the seminar as participants will be expected to compute the required accounting entries and for the preparation of consolidated financial statements.

Key Topics

What are Consolidated Accounts?

Identification of a Group - What is a Subsidiary?

Presentation of Consolidated Financial Statements

Introductory Review of the following FRS

  • FRS 103: Business Combinations
  • FRS 27: Accounting for Investments in Subsidiaries
  • FRS 28: Accounting for Investments in Associates and Joint Ventures

Scope of Consolidated Financial Statements

  • When can a subsidiary be excluded from consolidation?

Consolidation Procedures

  • The cost of control account
  • Calculation of goodwill on consolidation and the accounting treatment
  • Calculation of non-controlling interests
  • Elimination of unrealised profits on stocks and fixed assets
  • Equity accounting of investments in associates
  • Fair value adjustments
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Date

Friday, 3 May 2024

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Time

01:00 AM - 09:00 AM

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CPE Hours

7

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Location

Carlton Hotel, 76 Bras Basah Road, S(189558)

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Cost

$398 nett per participant (inclusive of course materials, e-certificate, lunch, tea breaks & refreshments)

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Payment Methods

Bank transfer, PayNow, cheque or cash

Trainer

Photo of Sardool Singh

Sardool Singh

Register Online or Download the Registration Form and email to enquiries@takx.com.sg

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Complete registration form below and submit.

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Look out for confirmation email with soft copy invoice.

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Remit payment by Paynow Corporate (UEN no. 200719590R), bank transfer, cheque or cash to TAKX Solutions Pte Ltd.

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Look out for reminder email closer to workshop date.

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* Upon receipt of registration, any cancellation must be confirmed in writing, and will be subject to a 10% administrative charge. If notice of cancellation is received less than 5 working days before the course date, or if participant fails to show, participants will be invoiced for the full fee. However, substitutes will be allowed. TAKX Solutions Pte Ltd reserves the right to cancel/postpone the event or change the venue/date/time of the workshop in view of unforeseen circumstances. By clicking SUBMIT, you agree to our collection, use and/or disclosure of your personal data to the extent necessary to process your request and provide you with this service.

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Date: Friday, 3 May 2024 1:00 AM - 9:00 AM
Venue: Carlton Hotel, 76 Bras Basah Road, S(189558)