Course Overview
2h 17m | 13 Videos | 57996 Views | 
Intermediate Inter-company Transaction Tutorials:
A non-controlling interest (NCI) refers to a type of investment in a company in which the investor has no or little control over that company. Through this training you shall understand an important financial accounting concept, its methods and impact.
All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding.
The training will include the following;
- Introduction – Meaning of Subsidiary, Associate and Joint Venture as per IFRS
- Types of intercompany profit transactions
- Examples
1.Downstream Sale of Goods
2.Upstream Sale of Goods
3.Downstream Sale of Goods – Partially sold to third parties
4.Upstream Sale of Goods – Partially sold to third parties
5.Sale to/by Associate
6.Sale to/by Joint Venture
7.Downstream Sale of depreciable asset
8.Upstream Sale of depreciable asset
9.Unrealized Losses – downstream & upstream sale
10.Lateral transactions
- Conclusion
- Self Test
Target Customers:
- Accountants
- Cost Accountants
- Tax consultants
- Students
Pre-Requisites:
- Foundation knowledge of Accounting terms
- Passion to learn and apply
