IFRS 10: Consolidated Financial Statements

How do you account for an investment in another entity? The answer depends on whether the investor has control, significant influence, joint control, or another type of relationship. Our IFRS 10 CPE courses provide practical training on consolidation and the accounting for investments in other entities under IFRS.

This collection includes three self-study courses eligible for 2.5 CPE credits. The courses explain the IFRS 10 control model and the preparation of consolidated financial statements, while also addressing the accounting considerations that arise when an investor has significant influence or joint control rather than control.

Topics covered include:

• Assessing control under IFRS 10
• Preparation of consolidated financial statements
• Accounting for subsidiaries
• Investments subject to significant influence
• Joint control and joint arrangements
• Selecting the appropriate accounting model for investments in other entities

Further details

The collection begins with the core question in IFRS 10, Consolidated Financial Statements: does the investor control the investee? Learners work through the control model and the judgments required to determine whether an investee should be consolidated, then connect that conclusion to the mechanics and presentation of consolidated financial statements.

Not every investment results in control, so the collection deliberately extends beyond IFRS 10. The remaining courses address investments for which the investor has significant influence or joint control, bringing in the related accounting models for associates and joint arrangements. That helps learners distinguish among consolidation, equity-method accounting, and other forms of accounting for interests in another entity.

The practical theme throughout is selecting the right model before doing the accounting. Ownership percentage may be an important fact, but the investor's rights and relationship with the investee ultimately drive the analysis.

Who will benefit

These courses are useful for accountants, corporate reporting teams, and auditors who deal with subsidiaries, associates, joint arrangements, or other investments in entities under IFRS. They are especially helpful for professionals who must evaluate changes in ownership or governance and determine whether those changes create control, significant influence, joint control, or a different accounting outcome.

Value proposition

Purchase all 3 courses for $219 instead of $310 if purchased separately—a savings of $91.

Interested in group discounts? Contact us today to learn more.