Course Details
Course Outline
5 days course
Financial Instruments
- Divisions of Investments.
- Display of Financial tools.
- Characterizing accountability from Equity.
- Held-to-Maturity Debt Securities (HTM).
- Trading Securities.
- Available-for-Sale Securities (AFS).
- fair value option (FVO) for financial liabilities to be measured through profit or loss.
- identifying Fair Value.
- primary and following Measurement.
- recategorization and transmit among divisions.
- bands on Reclassifications.
- Derecognition of Financial tools.
- Accounting for Sales of Financial tools
- The Recent Accounting Updates According to IFRS
Investments in Associates
- Accounting Based on the Equity Method.
- Conditions when Cost procedure is usable.
- Distinctions in Financial Year.
- Intercompany Transactions among Investor and Investee.
- Accounting for a fractional Sale or further Purchase of Equity Investment.
- Shift in standard of Ownership or Degree of Influence
- Accounting for Impairment.
Transactions Accounted for as Business Combinations
- determining a preparing Business.
- frameworks of Business Combinations.
- IFRS and US GAAP importance.
Accounting for Business Combinations
- Setting the Acquisition plan.
- Recognizing the Acquirer.
- Describing and Measuring the recognizable sensible and insensible Assets. Acquired and Liabilities Assumed.
- Realizing and Measuring any Non-controlling Interest.
- Measuring the Consideration Transferred.
- Realizing and Measuring Goodwill or Gain from a Bargain Purchase.
- Earning Related Costs.
- Accounting for Gain on Bargain Purchase Option.
Consolidated Financial Statements
- Explaining “Control”.
- Diversities in Ownership Interest without disorder.
- diversities in Ownership Interest producing in Loss of Control.
- integration 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.
- Fragility of Goodwill.
