Consolidated Financial Statements: Accounting for Associates and Joint Ventures (IAS 28) - Part 1

We have come very far in our consolidation series. In this video, we have considered another aspect of consolidation which deals with accounting for investments in associates and joint ventures (IAS 28). At the end of the session, you should be able to: 1. Prepare both the consolidated statement of financial position and the consolidated profit loss; 2. Understand and apply the concepts of associates and significant influence; 3. Understand and apply equity method of accounting 4. Calculate appropriate figures for "investment in associates" and "share of profit of associates" in the consolidated financial statements. Please don't forget to subscribe to the channel for more videos✅ Like👍, comment✍️ and share🥰 with others as well. Downloadable File: https://docs.google.com/spreadsheets/... Or via Telegram here https://t.me/the_gen_z_analyst/35 #accounting #consolidated_financial_statements #financialreporting #ifrs #ias