Mastering group financial statements: Vol. 2
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Mastering group financial statements: Vol. 2: A guide to international financial reporting standards for groups

Mastering group financial statements: Vol. 2: A guide to international financial reporting standards for groups


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About the Book

Mastering Group Financial Statements provides accounting students and practitioners with an invaluable practical guide to the often-complex world of group accounting. By using extensive and detailed explanations, along with numerous practical worked examples, the book gives readers a comprehensive overview of all the IFRS principles and concepts that are the basis of group accounting. It also includes a roadmap for preparing group financial statements in a number of different scenarios. Aside from giving readers a thorough technical knowledge, a key focus of Mastering Group Financial Statements is to teach accounting students practical exam techniques when answering group statement questions to maximise marks earned and minimise time spent answering such group financial statement questions. The focus on exam techniques is expanded with the selection of self-assessment questions at the end of each chapter. In addition, students will have free access ONLINE? to group financial statement questions, ranging from basic to advanced, together with a comprehensive set of solutions and value-added comments designed specifically to hone exam technique and time management skills. Lecturer support material is available to prescribing institutions, in the form of: Solutions to questions; A question bank and accompanying solutions with valuable comments, which can be used for tutorial purposes and to set test and exam questions; A teaching plan showing how to divide the topics into manageable chunks for students; and PowerPoint slides. Mastering Group Financial Statements can be summed up as making the difference - be it the difference between a good pass and a great pass, or simply in how students’ approach their studies. All in all, it’s the key to ensuring success.

Table of Contents:
Chapter 1 An introduction to Group financial statements Principle references: IFRS 9, 10; Chapter 2 Business combination – Basics Principle references: IFRS 3, 10, IAS12; Chapter 3 Consolidation at acquisition date Principle references: IFRS 3, 10 IAS12; Chapter 4 Consolidation after acquisition date Principle references: IFRS 10; Chapter 5 Adjusting for intragroup transactions and balances Principle references: IFRS 10; Chapter 6 Group Statements – Sundry advanced aspects; Chapter 7 Complex groups Principle references: IFRS3, 10; Chapter 8 Associates Principle references: IAS 28; Chapter 9 Joint Arrangements Principle references: IFRS 11, IAS 28; Chapter 10 Joint Arrangements Principle references: IFRS 11, IAS 28; Chapter 11 Change in interests in investments- Acquisitions Principle references: IFRS 3, IFRS 10, IAS 28; Chapter 12 Change in interests in investments- Other Principle references: IFRS 3, IFRS 10, IAS 28; Chapter 13 Foreign Operations Principle references: IAS 21, IFRS 3, IFRS 10; Chapter 14 Consolidated Statement of Cash Flows Principle references: IAS 7; Chapter 15 Disclosure of interests in other entities Principle references: IFRS 12.

About the Author :
Ryan Kraut is a Chartered Accountant with a number of years’ experience both lecturing at two of the largest tertiary private educational Institutions in South Africa and tutoring financial accounting from first year level to fourth year (honours) level. A good deal of his financial accounting lecturing and tutoring has focused on accounting for groups which has enabled him to fully comprehend the difficulties students typically encounter in this area. Moreover, years of experience teaching group accounting, which involved setting and marking student exams has given him tremendous insight into the way students conceptualise group accounting and answer group accounting exam questions. This has informed his approach to creating a group accounting publication that truly addresses students’ needs and facilitates a fundamental understanding of underlying group accounting concepts. Further, Ryan has worked as a Group Financial accountant for a large South African multinational holding company which has provided him with real world group accounting experience, which is leveraged upon to enhance the technical quality and practicality of Mastering Group Financial Statements.


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Product Details
  • ISBN-13: 9781485129851
  • Publisher: Juta & Company Ltd
  • Publisher Imprint: Juta
  • Height: 210 mm
  • No of Pages: 850
  • Returnable: N
  • Spine Width: 15 mm
  • Weight: 1359 gr
  • ISBN-10: 1485129850
  • Publisher Date: 27 Feb 2019
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Returnable: N
  • Sub Title: A guide to international financial reporting standards for groups
  • Width: 148 mm


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