Example: How To Consolidate

[@CPDbox]

Thanks for watching! Let’s connect: *Newsletter: www.cpdbox.com/ *LinkedIn: www.linkedin.com/in/silviamahutova/ *Instagram: instagram.com/cpdbox/

[@achudakhinkudachin2048]

Silvia is a teacher from God!

[@acepace136]

Excellent and efficient example of covering consolidated accounting. I understood the basics of the topic by looking at it once. I now know what consolidated accounting is, whatit is used for, why it is used, and how it is done (at least the basic jist of it) without reading a bulky textbook for hours and still not have an idea on what I am doing. Thank you so much Silvia!!!!!!

[@marylynkoinakimisack2057]

Hi Silvia, Its good to know this topic through your demonstration and explanations. For sure this topic is really confusing for me in terms of applying the steps in various problems.Thank you and kind regards!!!

[@anitaweng8456]

Explain in such a wonderful and easy way!! Love it!!

[@encoretp]

Simple, yet very logical and straight forward.

[@mohamadelias9693]

Hi Silvia, thank you very much for your wonderful way of making things simple. Great example!!! Thank you so much. :)

[@irfanquadri5843]

Thanks Silvia. Again a wonderful learning.

[@sumbootubanjo548]

yes so simple and staight forward , pls lets have some more full question on this topic. thanks

[@akanisifatafehi5999]

it is good to draw the various columns so that oyu are clear on what changes are going where

[@fahimkhanchowdhury2577]

thank you silvia ,your ifrsbox is just awesome as well as your explanation

[@toddgilbey3979]

Simple. Straight-forward. Boom!

[@changlipyuan2542]

Miss...why you so genius?

[@CPDbox]

Not genius, just totally love to teach :)

[@jihane0jihane]

Silvia , you show a different way how to consolidate , I LIKE YOUR VIDEOS ,

[@hammadabbasi8741]

it is nice to take guide from you....Thank you Silvia M. (of IFRSbox) ,thanks youtube

[@albertchapman5281]

well explained, summed up and clear... 👌

[@MrRameshpuru]

Hello Silvia, Your Explanation are Simply Superb and Crystal Clear Voice, Thanks you and your Technical Team....

[@Ivan-tk7pn]

HOW DO U DEAL WITH DIFFERED TAX OF ARISING ON FV DUE TO ACQUISITION OF SUB AND DISPOSAL OF THAT FV ON DISPOSAL

[@yinyin7614]

Fantastic video. Thanks for teaching.

[@Old_is_still_Gold]

Hello Silvia, Great work. Can you share the link to download this excel file for practicing Thank you

[@melynakeoduangsy678]

how to consolidation statement of profit or loss? Please

[@anaikmaurel6079]

Excellent video. I've recommended it to my classmates. Thks

[@star5guy]

Hi, i am little confused by example set up here. You said Mommy acquired baby at time of incorporation which seems to be well before Dec 31, 20x4. My query is if Mommy acquired 80% of baby, then why as of Dec 31, 2004 - its showing as an investment ?? You mean mommy used equity method to originally account for 80% purchase ?

[@brightlites1940]

So simple to understand

[@INAdnyana]

great video. thank you.

[@yankoboev841]

Perfect job!

[@rijoys]

Hi Silvia , do you think , you can share this spread sheet with us ?

[@jk-hw2jo]

Hi Silvia, throw some light on Income Statement consolidation also

[@siddusidd5571]

Silvia can you please tell me whether all this Identifiable net assets,Goodwill,NCI will come in Consolidated Financial statements of Parent entity right?.will there be any journal entries in separate financial statements

[@YEAHBOY1994]

What would the case be if it was pre acquisition instead of post acquisition?

[@obeidndemeke4992]

Ndemeke. Thanks my dear sister I got many thing which i fail to understand in the class

[@teferimulugeta9009]

Hello Silvia ,it is nice and brief demonstration,but i wonder what we will do while we consolidate foreign branches to the parent company currency ,or do you have any video related with that

[@nsanzubumwej.thomas908]

May God bless you.Excellent one.

[@thoughtmagic902]

Could you please explain how to prepare detailed monthly consolidation accounts in excel templates? BS, PNL and CF is easy.

[@r3nfree103]

Could I have the excel file for this example?

[@shravyapandiri3176]

If a company X has a subsidiary Y (67% shareholding) and the company Y has joint venture with company Z(50%) Now what should company X account for JV- 67%*50%=33% (or) 50%? Pl provide the relevant IFRS example

[@parwezsanhamut106]

Great. Very well explained

[@salahatya7298]

it was so useful thanks alot.

[@lorenabarros6102]

thanks for shared. you are amazing. 🇧🇷

[@humanbeing888]

Hi Silvia, the video assumed that the two entities are with the same currencies. I remember from your other video, you mentioned that if they are in different currencies, then the cash flow statement should be separated. As cashflow comes from the movement in BS and PL, if we separate the parent and sub on the cash flow basis, does it mean after the consolidated BS is done, we need to exclude those subs with difference currencies so the movement of the cash flow only reflects the parent?

[@CPDbox]

Hi Rudy, thank you, but that's not exactly what I said. Please find more here: www.cpdbox.com/consolidated-cash-flows-foreign-currencies/

[@NG-gb1ov]

How would you consolidate this: A holds 75% in B, and 10% in C; while B also holds 60% in C?

[@abdullahnarejo1259]

Fair value can you please explain that

[@fadimog5356]

simple and understandable. thx

[@ramonas9313]

Sylvia I have been emailing you but no response, I want to know whether one can pay off the IFRS kit course in installments?

[@CPDbox]

Hi Ramona, I did reply to you. Please check your spam folder. Thank you.

[@shreyajeloka5060]

hello silvia can you please explain me what is the meaning of other components of equity? please . thank you

[@CPDbox]

shreya jeloka For example - share premium, revaluation surplus, hedging reserve... anything that is recognized directly in equity in line with the other standard.

[@saffranaaziz]

Thank you so much, this made many things clear

[@mahmoudfarag7468]

That was amazing Thank you

[@uanuradha]

Thank you very much

[@chichhoy7572]

Thank for explain

[@Aespha]

thanks!

[@bakrisuliman5362]

Thanks that best explain

[@winstonblanco2427]

Gud evening maam silvia can i request for a video for branch and agency accounting as well as deffred taxes thank you:)

[@dinosarker4942]

Great stuff, Silvia! Thanks. Btw, do I hear a slight Russian accent?

[@CPDbox]

No, not Russian.

[@herrowbirry]

NCA Transfer please!

[@dustinrecko190]

PMSc6C was here

[@izyanhazwanie]

Why the equity is minus?

[@zept119]

becase asset is + and hence equity is -. Gosh you are so stupid, karen.

[@flake8382]

Sure would've been nice for my professional body to actually TEACH me this instead of just expecting me to be able to do it on exam day huh.

[@CPDbox]

Then I am happy to help your professional body here on YT :) good luck with your exams!

[@rizwannasir4195]

SALVIA DARLING CAN YOU SEND ME THE COPY OF THIS EXCEL WORKSHEET.......................UMMMMMMMMMMMMM

[@CPDbox]

+Rizwan Nasir Hi Rizwan, you can find it on my website. S.