Table of Contents

Guide to Consolidation Journal Entries

This is a 12 page, step by step guide to help you approach a consolidation question in your accounting exam. Areas covered: 1. Goodwill calculations 2. Basic journal entries at acquisition 3. Journal entries for subsequent years 4. Fair value adjustments 5. Inventory adjustments (URP) 6. Intra-group transfer of assets 7. Dividend elimination 8. Other intra-group eliminations Also contains two consolidation worksheets (SOCI and SOFP)

Frequently Asked Questions

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This course is completely self-paced, so you can begin at any time and set your own pace.
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Once you sign up, you will receive an email invitation to join the course. You can access the course from any device with a live Internet connection. The course will work on a desktop, laptop, tablet, and smartphone.
What are the advantages of taking this course online?
Online courses provide unparalleled convenience and flexibility. You can take the course anytime and anywhere, on any device you own.
How do I ask questions?
You can email your instructor directly or utilize the course discussion board.

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