Catalogue

Description

This course will be an overview of:

• When it is appropriate to use consolidated statements.
• How to choose and execute the right accounting method for your organizations portfolio of subsidiaries and investments.

After completing this course, the learner should be able to:

• Recognize the types of marketable securities, their classification, and the impact they have on an entity’s financial statements.
• Recognize the purpose and characteristics of consolidated financial statements.
• Recognize the criteria utilized to determine when to consolidate financial statements and when to apply the equity method.
• Recognize the steps used when accounting for a business combination using the equity method and calculate the amounts reported in the financial statements.