Consolidation & Group Accounting: Goodwill, NCI & Intercompany Eliminations
Control and group structure, goodwill with full and proportionate NCI, fair value adjustments, the consolidation worksheet, upstream and downstream unrealised profit, intercompany balances and dividends, NCI and the equity method: 8 labs on one group.
The first lesson is free — no account needed.
About this course
A consolidation accounting course that prepares one fictional industrial group's accounts in a spreadsheet, following the logic of IFRS 10, IFRS 3 and IAS 28 with notes where US GAAP differs, for accounting students, auditors and group reporting teams. You work out control and effective ownership through direct and indirect holdings, measure goodwill with the non-controlling interest at fair value and at its proportionate share, turn fair value uplifts into extra depreciation, build the consolidation worksheet from parent plus subsidiary plus adjustments, eliminate unrealised profit on upstream and downstream inventory sales, cancel intercompany balances, loans and dividends, split group profit between the owners and the NCI and finish with the equity method for an associate and a step acquisition. Educational examples, not accounting advice. The first lab is free.
Lessons
- Control & Consolidation Scope: Direct, Indirect & Effective OwnershipFree
- Goodwill at Acquisition: Consideration, Fair Values & Full vs Proportionate NCI Pro
- Fair Value Adjustments & Extra Depreciation after the Acquisition Pro
- The Consolidation Worksheet: Parent + Subsidiary + Adjustments = Group Pro
- Intercompany Sales & Unrealised Profit: Upstream vs Downstream Pro
- Intercompany Balances, Cash in Transit, Loans & Dividends Pro
- NCI: Share of Group Profit & the NCI Roll-Forward Pro
- Associates (Equity Method) & Step Acquisitions Pro