Consolidation by Sir ARM v2

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Advanced Accounting & Financial Reporting

Consolidation
Sir Ahmed Raza Mir, FCA

Question 1
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 2
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 3
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 4 – June 2013 Q1 (Consolidation with IAS 36 – grossing up goodwill for impairment)
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 5 – ACCA Practice Q


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Solution of Emerald PLC


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 6
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 7
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 8

Question 9
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 10

Question 11
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 12
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 13 – June 2012 Q1


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 14

Question 15 – ACCA Advanced Consolidation


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 16 – June 2016 Q1 (Consolidated SOFP – consideration + IFRS 9 parents’ books


adjustments)
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 17 – ACCA Do it personally if feels problem then consult with lecture-10


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 18
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 19
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 20
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 21 – ACCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 22 – June 2018 Q2 – (Direct and Indirect Subsidiary)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 23 – December 2008 Q1


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 24 – December 2012 Q1


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 25 ACCA P2 Past paper


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 26 – ICAEW Past Paper – June 2010


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 27
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 28
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 29
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 30 – Dec 2014 Q1 (Consolidated Balance Sheet – Foreign subsidiary + working of


transaction reserves)
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 31 – ACCA P2 June 2003


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 32
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 33
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 34
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 35
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 36
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 37
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 38
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 39
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 40
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 41 – June 2013 (SOCI of Foreign Subsidiary)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 42 – Q1 December 2013 (Calculation of Goodwill and investment in Associate)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 43 – Q4 December 2013 (Consolidation with IFRS 5 – Expected disposal of subsidiary)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 44 June 2014 Q1 (Complex group + Convertible bonds + Further acquisition + negative
goodwill)
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 45 - December 2014 Q5 (Accounting for investments in separate financial statements)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 46 June 2015 Q1 (Consolidated Cash flows – Acquisition + disposal of subsidiaries)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 47 December 2015 Q1 (Consolidated Profit N Loss – One local subsidiary + One foreign)
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 48 - December 2016 Q1 (Accounting for joint operations and joint venture in separate books)
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 49 December 2016 Q5 (Consolidated Cash flows – Specific Cash flows)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 50 – June 2017 Q1 Foreign Currency SOFP


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 51 – June 2017 Q3 (Computation of Goodwill and Deferred Taxation)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 52 – December 2017 Q2 (Joint Operation)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 53 – December 2018 Q5 Consolidated SOCF


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 54 – June 2019 Q1


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 55 – December 2019 Q4 (Deferred Taxation adjustment)


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 56 - December 2020 Q4 Foreign Currency Consolidation


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA
Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

Question 57 – June 2021 Q2


Advanced Accounting & Financial Reporting
Consolidation
Sir Ahmed Raza Mir, FCA

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