Description
Offers examples and case studies that will help you understand when and how to prepare consolidated financial statements.
- Qualifies for 1.5 Yellow Book CPE Credits
Objectives
- Understand how a not-for-profit (NFP) entity evaluates another NFP or for-profit entity (FPE) for consolidation.
- Understand the key requirements for preparing consolidated financial statements in accordance with GAAP.
Highlights
- Related-party transactions
- Controlling interests in other entities
- Economic interests in other entities
- Investments in for-profit entities
- Accounting entries to perform consolidation
- Consolidating financial statements
- Note disclosures