Learning how to prepare a consolidated income statement which includes adjustments for a number of factors is a useful skill. This course will teach you how to do this by providing information on intra-group dividends and intra-group sales.
On completion of this online course, you will gain an understanding of:
- intra-group dividends
- intra-group sales and the elimination of profit on period end inventories
- non-controlling interests
- mid-year acquisitions
- how to summarise the steps needed to complete the consolidation of both statements of financial position and income statements.