Class - 20th January 2010 - Intro to Consolidated accounts

Hi all

Today we are going to be doing a cash flow statement question where you have to reconcile operating cash flows - I have come across a question where you have to analyse changes to operating cash flows by looking at the reconcilation of operating cash flows, so we will be doing that next week as a discursive question.

I am going to do a very gentle start of consolidated accounts today - we are going to do some easy stuff - just go over what it means and what some of the accounting treatments are in accordance with IAS 27 and IFR 3. The focus will be on calculating goodwill and what this means.

Lecture notes are here:

http://www.scribd.com/doc/25465335


If we have time - we will do a short quiz on calculating goodwill - bring your thinking caps!

See you tonight!

Iwi