This lecture by Blair Cook discusses accounting for equity investments under International Accounting Standards.
Advanced Accounting Concepts
This lecture details accounting for wholly owned business combinations and different deal structures. You will learn about the various forms and deal structures for a business combination. Then you will learn how to calculate goodwill arising upon a business combination. You will also learn how to calculate the purchase price allocation for both wholly owned […]
This lecture discusses how to account for a business combination (mergers and acquisitions) when there is a noncontrolling interest. You will learn about how non controlling interest arises, how to calculate the amount of non controlling interest upon acquisition, and how to prepare a consolidated statement of financial position at the sate of acquisition of […]
Accounting impairments are a reduction in the recoverable amount of a fixed asset or goodwill below its carrying amount.This lecture discusses accounting for impairments. You will learn how to calculate charges on long-lived assets and how to calculate impairment reversals on long-lived assets.
This lecture works through a post-acquisition consolidation with a parent that uses the equity method of accounting for its investment in the subsidiary. You will learn about how to calculate consolidated results post-acquisition where the investment has been accounted for using the equity method.
This lecture works through a post-acquisition consolidation with a parent that uses the cost method and the equity method of accounting for its investment in the subsidiary. You will learn about how to calculate consolidated results post-acquisition where the investment has been accounted for using the cost method and the equity method.
This lecture discusses how to eliminate inter-company transactions and balance and specifically look at inventory transactions. You will learn how to adjust consolidated results to eliminate inter-corporate transactions including charges, inventory, non-depreciable assets and depreciable assets.
This lecture discusses how to eliminate inter-company land transactions. You will learn about what happens when a parent company sells land to a subsidiary or vice verse.
In this lecture you will learn about how to eliminate inter-company depreciable asset transactions. It deals with the scenarios where you sell depreciable assets such as equipment, building or even intangibles.
In this lesson you will learn about an approach to prepare the consolidated statement of cash flows. A company may have dozens of subsidiaries and preparing a consolidated cash flow statement can be very complicated. This lecture demystifies how to do this.