MASTER GROUP ACCOUNTING THROUGH PRACTICE
Consolidated Financial Statements Course
Learn how to prepare consolidated financial statements under IFRS, from consolidation fundamentals and goodwill to non-controlling interests, intra-group adjustments, associates, joint arrangements, and complex group structures. More than 80% of lecture time focuses on worked questions with detailed explanations.
Consolidated Financial Statements Course Overview
This is a practical course on preparing consolidated financial statements under IFRS. It takes you from the fundamentals of consolidation through to more complex group accounting scenarios.
The course is deliberately practice-focused. More than 80% of lecture time is spent working through questions and exercises with detailed explanations, allowing you to see how consolidation principles are applied rather than simply learning them in theory.
WHAT'S INCLUDED in Consolidated Financial Statements Course
Everything you need to prepare in the Consolidated Financial Statements Course
Your course package gives you complete access to all the resources, support, and tools you need to study effectively.
Topic Videos
12 hrsStructured lessons covering the key areas of consolidated financial statements.
Question & Solution Videos
16 hrsWorked consolidation questions with detailed explanations and practical application.
One Year Access
Study at your own pace and revisit lessons throughout your 12-month access period.
Excel Working Files
Downloadable files to practise consolidation calculations and follow along with the lessons.
Certificate of Completion
Receive a certificate after completing the course.
Build Your Consolidation Skills Step by Step
Consolidation fundamentals
Net assets, goodwill, consideration transferred, and the building blocks behind every consolidation question.
Consolidated statement of financial position
Non-controlling interest, unrealised profit, fair value adjustments, and intra-group sales and dividends.
Consolidated statement of comprehensive income
Preparing the group income statement, and accounting for associates and joint ventures under IAS 28.
SOFP and SOCI question practice
Short and long worked questions on consolidated SOFP and SOCI, building speed and exam technique.
Complex group scenarios
Joint arrangements under IFRS 11, changes in group structure, and full-length practice questions.
Step acquisitions in consolidation
Investment to subsidiary, associate to subsidiary, and subsidiary to subsidiary control changes.
Consolidated Financial Statements Course content
A clear path through the Complete Syllabus
Student reviews
What students say about their experience with Vertex
Consolidated Financial Statements FAQs
Frequently Asked Questions for Consolidated Financial Statements
Who is this consolidated financial statements course suitable for?
It is designed for accounting and finance professionals and students studying ACCA, CIMA, CA, ICAEW, CAT, BBA, MBA or other financial accounting programmes under IFRS.
Do I need prior knowledge of consolidation?
No. The course starts at level zero and gradually progresses to more complex consolidation scenarios.
Is the course theory-based or practical?
It is heavily practice-based. More than 80% of lecture time is dedicated to worked questions and exercises with detailed explanations.
Does the course cover consolidated SOFP and SOCI?
Yes. The course includes both consolidated Statement of Financial Position and consolidated Statement of Comprehensive Income questions.
Does the course cover goodwill and NCI?
Yes. Goodwill, net assets, and non-controlling interest are covered as part of the consolidation process.
Does the course cover associates and joint arrangements?
Yes. The course includes associates and joint arrangements, including relevant practical questions.
Does the course cover step acquisitions?
Yes. Step acquisition scenarios include investment in a subsidiary, an associate, and other changes in control.
Ready when you are
Build Consolidation Skills With Confidence
Learn consolidated financial statements under IFRS through structured lessons, detailed worked questions, and practical Excel files.