IFRS 10 Consolidated Financial Statements
Description
This webinar delves into the principles and requirements of IFRS 10, which governs the preparation and presentation of consolidated financial statements. It explores the control model, focusing on the circumstances under which an entity should consolidate an investee. Attendees will gain insights into applying the standard’s principles to complex group structures and the challenges of consolidating special purpose entities. Real-world examples and practical tips will be provided to enhance understanding and compliance
This webinar provides one-hour of CPD and forms part of the IFRS Programme, delivered by Saket Modi.
Delegates places are interchangeable with colleagues from the same organisation.
Content
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Definition of “Control” and its application
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Exemptions from consolidation
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Investment entities
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Consolidation principles
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Accounting treatment of changes in ownership interests
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Accounting in separate financial statements
Presenter
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Saket Modi Expert Trainer at the School of International Financial Services |
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Saket Modi is a London-based financial trainer and consultant. He has designed and facilitated workshops for finance professionals from over 50 countries in North America, Europe, Middle East, Africa and Asia-Pacific regions. Saket specializes in financial reporting and analysis (IFRS/IPSAS), including financial instruments and insurance contracts. He has spent considerable time working, advising and training in matters relating to IFRS, and delivered workshops for corporate, banks and similar financial institutions, public sector organizations, and professional services firms. Saket has facilitated courses on ESG reporting and effects of climate-related matters on IFRS financial statements, for organizations globally. Saket has written material on IFRS for Institute of Chartered Accountants in England and Wales (ICAEW) and was invited by the International Auditing and Assurance Standards Board® (IAASB®) to present on IFRS 9 at their board meeting in New York. He has also written financial statements guidance on IFRS 17 Insurance Contracts for Croner-i, UK’s leading information resource for tax and accounting professionals. In addition, he has written material on International Public Sector Accounting Standards (IPSAS) for the African Professionalization Initiative (API). Saket has previously worked with Lloyds Banking Group, Ernst & Young Wilkins Kennedy (now Azets) and PricewaterhouseCoopers. In addition to being a Chartered Accountant (India), Saket holds IFRS certificate from the ICAEW and IPSAS Diploma from the Chartered Institute of Public Finance and Accountancy (CIPFA). He has an MSc in Multinational Accounting and Financial Management from UK and is a CFA® charterholder. |