#1 Consolidated Financial Statements (Holding Company) - Basic Concepts - CA INTER -By Saheb Academy
ฝัง
- เผยแพร่เมื่อ 5 ส.ค. 2024
- Here I have explained the basic concepts of Consolidated Financial Statements.
I have simplified this chapter in such a way that you would definitely fall in love with this chapter.
⏱TIMESTAMPS
00:00 - Intro
00:09 - Purpose & Meaning
06:26 - Amalgamation vs Consolidation
08:53 - Control Assessment
11:45 - Minority Interest
15:53 - Net Assets
17:54 - Intra Group Transactions
24:18 - Cost of Control
28:13 - Pre & Post Acquisition Profits
1:00:13 - 4 Working Notes
Whole CFS Playlist
• Consolidated Financial...
This video is especially for CA Inter Accounts Group 2 students.
Join SILVER CLUB to get access to PREMIUM VIDEOS:
/ @sahebacademy
PDF Notes (Telegram)
t.me/sahebacademy7
Clear your doubts by direct messaging us on Instagram
/ sahebacademy
Please Like, Subscribe and Share this video on your social media account.
#HoldingCompany #CAINTER #Consolidation
⏱TIMESTAMPS
00:00 - Intro
00:09 - Purpose & Meaning
06:26 - Amalgamation vs Consolidation
08:53 - Control Assessment
11:45 - Minority Interest
15:53 - Net Assets
17:54 - Intra Group Transactions
24:18 - Cost of Control
28:13 - Pre & Post Acquisition Profits
1:00:13 - 4 Working Notes
what happens in revaluation and mutual owings case could u explain that too??
@AYON SAHA when multiple companies join to form a new entity that is consolidation ... when a 2 entity combines and has identity exist only for one among them its merger ...... amalgamation is when 2 or more entities combines and form new identity ............i dont know if its what u expected just shared wt i understood
@AYON SAHA yes only consolidation.... no bother about amal and merger
@@sneha3079
I think you are wrong here.
1) when 2 or more companies combined and form a new company by loosing it's existence is called amalgamation which can be in the nature of merger or in the Nature of purchase.
For it to be in the Nature of merger means : several conditions need to be fulfilled which are mentioned in As-14
Otherwise it will be amalgamation in the nature of purchase.
2) when One company takes over another company it's called absorption. In this the selling company loose it's existence too like amalgamation. And absorption is also in the nature of merger and in the nature of purchase just like amalgamation.
The only difference between Amalgamation and absorption is:
in amalgamation more than one entity forms a new company where else in absorption one company which can be existing or new takes other other company.
From Accounting point of view there is no difference between Amalgamation and absorption, that's why in As-14 accounting is done only based on : in the nature of merger or in the nature of purchase.
3) In consolidation no entity looses it's existence rather they continue to exist. It's just purchasing of shareholding from open market by another company. So, the purchasing company don't purchase the whole company rather it invests in another company and its known as "acquisition".
At the year end every entity will prepare their seperate Balance sheet plus parent holding company will prepare consolidated Financial statements of the whole group along with its stand alone statements.
Statements includes: balance sheet, p/L and Cash Flow Statement.
So every company will prepare these statements and the ultimate parent company will also prepare Consolidated statements which shows the entire business of that group together.
I hope I clear many misunderstanding on this issue.
Thank you it’s very helpful. Could you please send to us this details by PDF.
I am a CMA student and I seriously cannot believe that this concept can be explained like this...Brilliant
I am a 3rd year Bcom Accounting student from South Africa.
This past week we had our first lecture of consoles for the year and unfortunately I do not have the textbook yet, due to financial problems, but I am so glad I came across your channel. It has helped me so much, Thank you ❤
Mr Ande Good dear you are following this channel, from this channel so many people have benefitted. Its great channel. I am Srinivas aged 59, i have enrolled myself to CMA. I am getting benifit from this channel.
Africa se kon b.com karta hai
@@ajbhai7713 😭🤣
@@ajbhai7713 why.. Can't they have? Is studying bcom only for indian students 😂lmao
Last year of graduation
The way you explain is so simple and understanding . The notes , the steps ! I am impressed . Never write comments but I just couldn’t write ! Thank you for your time & nice work .
I have just started watching your videos for the past 1 week but seriously is very impressed by the way you explain everything. Thanks you for it.
You are a real teacher. You have a great talent. I am learning for my FA ACCA paper and this helps
I was so much afraid of this and my exam was due in dec 21 .... Now I guess my 15 marks ka going nowhere ... Thanks a lot sirji
Might be 20m too
Exactly ! I agree with u
CFS aayega 15 mks
Mera toh kl hai paper😭😭
How's your paper mate?
Thanku so much sir
I am CMA student from kerala. Its very usefull and make me the concept into simpler format
Very obsessed with your videos 😬. I just found your channel and subscribed. Thank you for all you do and for teaching all this in a very easy way to comprehend. Everything makes so much sense now; thank you!
M sooo Happy. Thanks to Saheb Academy. You taught this concept in such a simple manner that there stands no point of non understanding. Really appreciate. Thanks once again. Loved the way you carried us thru all the concepts. Thanks.
I was applying for a job and wanted to refresh my knowledge on consolidations. I went through many videos, but the way you explain is so amazing and easy to understand, even for beginners. Thank you so much for your effort!
really like your technique of using paper written presentation rather than ppt... amazingly explained
very well explained sir. thank you. I am preparing for my CPA. And being a science student i had always struggled with accounting. its only after seeing your videos, i cud understand JE, TB P& L, i got my concept clear. Do u have 12th class accounting videos.???
The best I’ve come across in my entire life … thank
The way u kept the presenatation is soo simple and clear...all the very best for ur future endeavors
Thanku so much for corporate chapters ♥️❤️❤️🥰🥰 very useful videos ..we can easily understand concepts even tough concepts ... the way u taught sir is An excellent 😍🥰🥰❤️✌️✌️
I'm from Nepal. Aapka sikhaneka tarika best hai ...mai aapke video se hi sikhti hu...THANKYOU❤❤
Your voice is smooth and notes are to the point.....Thank you for your contribution.
This is the first video I'm watching from you and I'm already loving it! Thank you so much, your explanation and your notes made it all easy to understand. I'm an ACCA student from Myanmar hoping to pass my exams next month, and I can already tell for sure that your videos will be very helpful indeed. Thank you, Sir! Wishing you a great day!
I am writing my exams next month as well. Wishing you success :)
St,ttt,y😔😔😔❣️❣️❣️😊😊🤣🤣🤣🤣🤣🤣🤣🤣
Just in time for my exam. I was looking forward to this chapter.
His explaination is always clear and detail. Like it
You r a genius bro thank you so much for the hardwork u put in. Love how u simplify every single part. Love your channel
I am from Sri Lanka. This was really helped me to understand the concept of consolidation. You teach very clearly and interestingly. Thank you very much sir.
No doubt this is the best channel for learning Accounts. Pls make a series on CMA Inter: Paper-5 Financial Accounting: Preparation of Financial Statements.
Pls teach all accounting standards also 🙏ur videos and ur efforts are amazing 👌👌
With the perfect fluency of English....i just loved your explanation.... impressed ❤❤
Your lecture is very understandable..
Plz upload banking companies also it is a request 🙏🏻
👏👏👏Excellent explanation of concept using diagramtic structure. Sir thank u very much.
Oh Sir You have broken a huge mountain into small small parts so easy to understand I'm a CMA final student Thanks a lot Sir, God Bless you...
i had watched so many video regarding this topic, only this video i understand crystal clear.. thank you so much. love from Malaysia.
Excellent work it was so easy after going through this video... Keep up the good work.
Thankyou so much sir..Amazing lectures..
You really deserve an award for the way how u explain every single working notes,assumptions,note points with some flashcards and all..
Very much grateful to you sir
Fantastically explained each and every concept. Really awesome work sir🔥💥
The way you are explaining all the concept is the excellent 👍 , it really very helpful for me to understanding my chapters , thank you so much to making video .
It will be more helpful for me ,if you can make a video on preparation of financial accounting of a company .
Thank you so much for taking the time to make this video and explain it in so much of detail. Love from South Africa
this is legendary! Much love from Ghana.
Thank you sir , I love your teaching and notes. It's amazing 🥰👍
You explained it really well and easily... thanks a lot buddy. 🤗
I am an ACCA foundation-level student and this video reallyyyyy helped me to understand the basics of CONSOLIDATED FINANCIAL STATEMENT!!
Thank you sir!
Sir the way ur teaching is incomparable 👏💓 nd tx for presenting hand written notes while explaining us 😍👏👏
This is the first time i am watching your video really amazing class and perfect teaching thanku so much 😇
Very simple and easy to understand. Great bro! Appreciated!
Really very Excellent way of Teaching & Explaining , Thanks a lot for making it simple
Jai Hind Sir 🇮🇳
Thank you Sir for this Amazing lecture and your valuable efforts 🙏
Explanation is great.. simple enough for layman to understand 👍
It's very need to me this chapter, sir you are one of the best faculty in india i have seen very very thanku so much ❤❤❤❤❤❤❤❤sir, you are teaching with notes awesome
Sir You are a god of so many 🙂 dont have any words to tell about you .. i was searching for ca inter classes all are doing in hindi but i cant understand after i found this channel now i am very happy really 😢
Thank you so much for explaining very beautiful way I appreciate your Hard work and I watch every video and very helpful and easy to understand thank you so much 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Thank you so so much bro no body can present this vedio in such a neat way... Kudos 👌 to you❤️ love you broo❣️
I Never skip the class, it's that interesting. Thank u so much 😍
appreciate your efforts. you're hardworking, smart & intelligent.
I am glad that your teaching CA intern subject
Absolutely awesome ...
The way of teaching is outstanding..
Thankyou sir🙏
The best to have seen ever. I understood it.
Thank You 🤝 The way u are explaining is perfect!!! 💯👌
This is a so cool class, very clear. Thank you.
Ur teaching technique is just perfect
Very helpful
Very concise & easy to understand lecture, salute and thank you for your effort from Jakarta, Indonesia
this is best
Your concept + specially your voice ❤
Waiting for this chapter ❤️
i watched all the videos amazing sbstitute of this kind of quality lacture on cfs is error thank you so much sir i love it it was amazing really.....
Thankyou so much it was much needed!!!
Thankyou so much ❤😍its very helpful ..ap ne to bhut hi acha samajaya h 🙌🏻🙌🏻
This video came like a blessing to me! Thank u so much sir! I am a third year bcom student and was so scared to even start this chapter. Heard so many terrible things about it but I hope after watching the entire series of this chapter, I will be confident enough. Thank you so much sir. God bless you🧿
WOW GREAT EXPLAINATION., AMAZING NOTES. GOD BLESS YOU!
Glad it was helpful!😊
@@SahebAcademy I want to have access to your member ship videos. Please let me know how can I have access to it?
This video was very very useful........thank you so much now I'm confident that I can do well in my may 2022 accounts exam
The way you are teaching was awesome thanku
Thank you so much sir.... You explained the entire topic very well 🙏
Your explanation is wonderful.i can understand your explanation very easily.thank you. Thank you so much.💖💖💖💖💖💖💖💖keep going brother.🤟🤟🤟🤟🤟🤟👏👏👏👏
Thank you soo much.... Most awaited for this lecture. Very thankful to you sir..
I know how long you people have been asking for this chapter.😊
Thank you so much sir. And Kindly make a video lectures related to Bank accounts. Kindly do this needful
Next level clarity, thank you is
very small words ❣️🙏
The way you prepare the notes it was amazing and technique of teaching is awesome 👍
Thanks 😊
This is soooooo helpful!!!! Thank you so much!!!!
Thank you so much for this video bro🙏🙏
No words....thank you so much sir 🙏
your videos are the best...I have no words to explain.....thankyou soo much❤❤
I love you, so grateful for your work.
miya bhai.......thank you so much....video was amazing and cleared all my doubts and got a clear cut concept of consolidated financial statements.....
Thank you so much. great explanation👍
Wow 1st time of coming across your videos. I have an exam soon and this has really helped my understanding...Thankyou
You must be an Angel... Who saves students like us
Wonderful explanation sir ...Please do more videos on IFRS subject 🙏
You are brilliant👏🏻👏🏻👏🏻Thanks!
Thanku sir .....very unique way of teaching 🙏
Thank you so much sir...Your explanation is soo good
Id rather pay you tuition fee which I pay to university, whatta failure. Single person can do job of whole university, you are the best of the best, I like you, finally I am a little bit enjoying finance, maaan open up your own university, you will be top
Bestest teacher 🌞: I juss have these two words for you
You are the gem of Accounting Sir ji👏👏🌷
Thank you so much for your wonderful teaching 🙏
The best channel thanku for all the videos
Thank You Sir For a detailed well explained teaches😊👍🏻.Now I understood the concept thoroughly 👍🏻
Simple presentation...for a difficult session....tku so much
Really good class. Your is outstanding. Go ahead.
Sir your teaching is really awsome. Will you kindly put videos on cash and fund flow sir please...
Superb explanation, a clear understanding of the concept
It helps me in my ACCA FA PAPER SIR
Really best way to explain.👍
Thank you very much bro we have only Hindi video for us it's very helpful thank you very much
Your preparation for this presentation is irreplaceable. Haffsoff to you.
Thanks😊
Amazing excellent and we'll covered the whole syllabus