Speem SEC-S32W5: (Treatment of Consolidated Accounts Statement of Financial Position).

Teaching is one thing that helps me during my days in school. As an accounting student back then, I assisted my coursemates and other level students with tutorials both at home and online on the topics that I knew very well.

Accounting is a nice course to study in a university, Polytechnic, or college of education, but a lot of students find it difficult because of the calculation aspects of it. To this, I decided to host a brief tutorial on accounting so anyone who needs my services can reach out to me. Though it's just a fast introduction that I need, which the noises in my area couldn't allow me to focus on, and other factors.

Having said that, in my short tutorial video, I talked on the topic: "Consolidated Accounts Statement of Financial Position". In this topic, I selected mergers and acquisitions and talked about it briefly, and then introduced what parent company is, what group and subsidiaries are also.

I also talked about Goodwill and what it means in business acquisition, which I then went further and picked an illustration in my ICAN book and solved it practically. In solving the question, I began by showing working using the IFRS standard, and I calculated the following

• Net acquisition of the business
• Non-controlling interest (NCI)
• Goodwill
• Consolidated account.

Calculating all of that, I then used the information and prepared the "Consolidated Statement of Financial Position as at 2001", which is the given year.

I am inviting: @dove11, @entity01, and @ruthjoe
Cc:- @marvinvelasquez