Consolidations

Workshop: Consolidating Two or More Entities

From 2016 some Charities are required to consolidate several parts of their operation into one set of financial statements. This may include other not-for-profits the Charity has ‘control’ over or a business arm.

Consolidation is more than just adding the two or more sets of accounts together. All inter-entity transactions need to be eliminated. Just like the Cash Flow statement this is one of the new requirements of the Financial Reporting standards that accountants working with small or medium enterprises will often be unfamiliar with, and which may create significant additional cost as a result.

This workshop covers:

  • whether or not you have to consolidate
  • what it means for the consolidees
  • the applicable accounting standards
  • the principle of compiling consolidated financial statements.

Tuesday, 29 March 2016, 10 am – 12 pm

Venue: Deaf Society, 80 Fitzgerald Ave

Click here to register