Financial Statements Consolidation and Investment Accounting Training Course in Kuala Lumpur

BMC Training provides Financial Statements Consolidation and Investment Accounting Course in Kuala Lumpur.There are 7 sessions for the course Financial Statements Consolidation and Investment Accounting in Kuala Lumpur , Malaysia.

Financial Statements Consolidation and Investment Accounting Training in Kuala Lumpur , Malaysia

Course Address : Westin Kuala Lumpur Hotel - Course Fees : 4450 GBP

City Start Date End Date View
Kuala Lumpur , Malaysia 8 - 10 - 2023 12 - 10 - 2023
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Kuala Lumpur , Malaysia 12 - 11 - 2023 16 - 11 - 2023
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Kuala Lumpur , Malaysia 3 - 12 - 2023 7 - 12 - 2023
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Kuala Lumpur , Malaysia 7 - 1 - 2024 11 - 1 - 2024
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Kuala Lumpur , Malaysia 4 - 2 - 2024 8 - 2 - 2024
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Kuala Lumpur , Malaysia 24 - 3 - 2024 28 - 3 - 2024
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Kuala Lumpur , Malaysia 21 - 4 - 2024 25 - 4 - 2024
Details

The course outlines of Financial Statements Consolidation and Investment Accounting Training in Kuala Lumpur

Objectives:

By the end of the program, participants will be able to:

  • Recognize the process of consolidating financial statements.
  • Identify business combinations and their related transactions.
  • Apply the acquisition method for business combinations.
  • Account for goodwill and non-controlling interests.
  • Identify different types of financial instruments and accounting methods for each.
  • Account for transactions according to fair value method, equity method and amortized cost.
  • Recognize differences and similarities between International Financial Reporting Standards (IFRS) and the US Generally Accepted Accounting Principles

The Content:

Financial Instruments

  • Categories of Investments
  • Presentation of Financial Instruments
  • Distinguishing Liabilities from Equity
  • Classification of Instruments:
  • Held-to-Maturity Debt Securities (HTM)
  • Trading Securities
  • Available-for-Sale Securities (AFS)
  • Fair Value through Profit and Loss Option
  • Determining Fair Value
  • Initial and Subsequent Measurement
  • Reclassification and Transfer between Categories
  • Constraints on Reclassifications
  • Derecognition of Financial Instruments
  • Impairment of Financial Assets Carried at Amortized Cost
  • Impairment of Financial Assets Carried at Fair Value
  • Impairment of Financial Assets Carried at Cost
  • Accounting for Sales of Financial Instruments
  • The Recent Accounting Updates According to IFRS 9

Investments in Associates

  • Accounting Based on the Equity Method
  • Situations when Cost Method is Applicable
  • Differences in Fiscal Year
  • Intercompany Transactions between Investor and Investee
  • Accounting for a Partial Sale or Additional Purchase of Equity Investment
  • Change in Level of Ownership or Degree of Influence
  • Accounting for Impairment

Transactions Accounted for as Business Combinations

  • Defining a Qualifying Business
  • Structures of Business Combinations
  • IFRS and US GAAP Consideration

Accounting for Business Combinations

  • Applying the Acquisition Method
  • Identifying the Acquirer
  • Recognizing and Measuring the Identifiable Tangible and Intangible Assets Acquiredand Liabilities Assumed
  • Classifying or Designating Identifiable Assets Acquired and Liabilities Assumed
  • Recognizing and Measuring any Noncontrolling Interest
  • Measuring the Consideration Transferred
  • Recognizing and Measuring Goodwill or Gain from a Bargain Purchase
  • Acquisition Related Costs
  • Accounting for Gain on Bargain Purchase Option

Consolidated Financial Statements

  • Defining "Control"
  • Changes in Ownership Interest without Loss of Control
  • Changes in Ownership Interest Resulting in Loss of Control
  • Consolidation Procedures
  • Intercompany Transactions and Balances

Post Combination Measurement and Accounting

  • Reacquired Rights
  • Contingent Liabilities
  • Indemnification Assets
  • Contingent Consideration

Goodwill and Gain on Bargain Purchase Options

  • Measurement of Goodwill
  • Impairment of Goodwill