IFRS 10 | Consolidated Statement of Financial Position | Worked Example | PART 1

About the Video

Learn how to prepare a consolidated statement of financial position using IFRS 10 in this worked example. This video explains the key concepts and steps involved in consolidating the assets, liabilities and equity of a parent and its subsidiaries. You will also see how to account for non-controlling interests and intra-group transactions. Whether you are a student, an accountant or a business owner, this video will help you understand the principles and practice of consolidation under IFRS 10.