Advanced Financial Accounting

Place- الموعد Date - المكان
2017-02-05 00:00:00 Cairo
2017-07-02 00:00:00 Turkey
2017-10-01 00:00:00 Sharm el-Sheikh
Who Can Benefit?

§ Vice Presidents of finance

§ Controllers

§ senior finance managers

§ executives Accountants

§ Financial Affairs personnel

Course Objective:

§ Distinguish between the purchase method and pooling of interest method.

§ Prepare entries for two companies, each with goodwill, direct and indirect acquisition costs issue costs.

§ Prepare determination and distribution of excess schedules.

§ Perform comparison of 100% purchase and pooling; record investments and prepare consolidated balance sheets.

§ Prepare elimination entries using the equity method and cost method.

§ Prepare consolidated worksheets

§ Prepare journal entries to account for contracts that are denominated in foreign currency and prepare a translated trial balance along with the necessary consolidation entries.

Course Outline

§   The Equity Method of Accounting for Investments

§ Consolidation of Financial Information

§ Consolidations - Subsequent to the Date of Acquisition

§  Consolidated Financial Statements and Outside Ownership

§ Foreign Currency Transactions and Hedging Foreign

§ Translation of Foreign Currency Financial Statements

§  Worldwide Accounting Diversity and International Accounting

§ Standards