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Accounting for Group Disposal and reorganisation (Online)
Venue Online - Microsoft Teams
Date Tuesday 13th August 2024
Time 09:30 - 12:30
Information In this session we will look at the requirements under IFRS 10 relating loss of control and where control over a sub still exists after a disposal of shares with a close look at the following:

  • Group disposals

    1.Where control is lost after a disposal of shares under the following scenarios
    - A full disposal
    - From controlling interest to significant interest
    - From controlling interest to the holding a simple financial asset where the requirements of IFRS 9 become relevant

    The above accounting implications will be looked at in terms of the impact on goodwill NCI and the financial statements. The gain or loss on such a disposal and its implications on the separate and consolidated financial statements will also be considered.

    2. Where control is not loss- the accounting implications will be looked at together with the issue of the determination of a disposal adjustment as opposed to the calculation of a gain or loss on disposal.

    3. Finally a detailed case study will be considered with the preparation of the Consolidated Statement of financial position the Consolidated Statement of Profit or Loss and Other Comprehensive income and the Consolidated Statement of Changes in Equity extract relating to retained earnings.

  • Group Reorganisation involving
    - Creation of a new Parent company
    - A Subsisdiary moving up down or along and
    - A divisionalisation and demerger)

  • Presenter
    CPD Units 3 units on full attendance
    Seats Left 12
    Price Rs 4000
    Booking Deadline Tuesday 13th August 2024
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