Group Accounts and IFRS (6cr)

Objective

The students are able to create group financial statements and know the significance of corporate group relationship in different auditing situations.

Content

Corporate group relationship, group legislation, creating a financial statement for a group: elimination of internal transactions and inter-group shareholding, minority shareholding, associated companies and foreign subsidiaries, group taxation. The impact of IFRS on the creation of group financial statement.

Qualifications

Creating a financial statement

Assessment criteria, satisfactory (1)

Exam, large-scale assignment