Course Detail()
Not Available

UTAP Funding

7.00 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

Programme Objective

The objective is to equip accountants with the consolidation techniques, from the basic principles to more specific aspects such as changes in shareholding interest.
 
The seminar will be practice-oriented, using case studies to illustrate the consolidation procedures.
 

Programme Outline

  • Consolidation at the date of acquisition
  • Determining cost of acquisition
  • Combination of accounts
  • Fair value adjustments
  • Goodwill on consolidation
  • Presentation and measurement of non-controlling interest
  • Consolidation subsequent to the date of acquisition
  • Consolidated statement of comprehensive income
  • Pre-acquisition and post-acquisition reserves
  • Intragroup account balances
  • Unrealised intragroup profit and losses
  • Intragroup sale of non-depreciable assets
  • Intragroup sale of inventories
  • Intragroup sale of depreciable assets
  • Intragroup charges
  • Intragroup dividend
  • Tax effect on unrealised intragroup profits and losses
  • Changes in shareholding interest
  • Step acquisition
  • Increase in shareholding interest in a subsidiary
  • Decrease in shareholding interest in a subsidiary without loss of control
  • Decrease in shareholding interest in a subsidiary with loss of control


Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking


Training Methodology

Lecture style, with case studies for discussion, Quiz / Knowledge Check

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation level programme intended for Accountants who need to produce consolidated accounts. Auditors and Finance professionals who wish to understand basic consolidation procedures and journal entries, will also find this programme useful.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
 
To find out more on the UTAP funding and support validity period, please click here.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

 

Programme Facilitator(s)

Programme Objective

The objective is to equip accountants with the consolidation techniques, from the basic principles to more specific aspects such as changes in shareholding interest.
 
The seminar will be practice-oriented, using case studies to illustrate the consolidation procedures.
 

Programme Outline

  • Consolidation at the date of acquisition
  • Determining cost of acquisition
  • Combination of accounts
  • Fair value adjustments
  • Goodwill on consolidation
  • Presentation and measurement of non-controlling interest
  • Consolidation subsequent to the date of acquisition
  • Consolidated statement of comprehensive income
  • Pre-acquisition and post-acquisition reserves
  • Intragroup account balances
  • Unrealised intragroup profit and losses
  • Intragroup sale of non-depreciable assets
  • Intragroup sale of inventories
  • Intragroup sale of depreciable assets
  • Intragroup charges
  • Intragroup dividend
  • Tax effect on unrealised intragroup profits and losses
  • Changes in shareholding interest
  • Step acquisition
  • Increase in shareholding interest in a subsidiary
  • Decrease in shareholding interest in a subsidiary without loss of control
  • Decrease in shareholding interest in a subsidiary with loss of control


Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking


Training Methodology

Lecture style, with case studies for discussion, Quiz / Knowledge Check

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation level programme intended for Accountants who need to produce consolidated accounts. Auditors and Finance professionals who wish to understand basic consolidation procedures and journal entries, will also find this programme useful.

Programme Facilitator(s)


No course instances or course instance sessions available.