Consolidation methods

Ellen Haustein
Peter C. Lorson

This chapter aims to illustrate consolidated financial reporting according to IPSAS by applying consolidation methods. Public sector combinations according to IPSAS are introduced. The process of consolidated financial reporting is explained by illustrating full consolidation comprising of the four different procedures of consolidation and the application of the equity method. The relevant steps are illustrated by short case examples. This IPSAS-focused chapter informs about when consolidated financial statements must be prepared, which entities must be included and by which methods, how to set up the accounting records for consolidation and relevant consolidation procedures.

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ISBN: 978-989-26-1856-2
eISBN: 978-989-26-1861-6
DOI: 10.14195/978-989-26-1861-6_13
Área: Ciências Sociais
Páginas: 335-371
Data: 2019

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Outros Capítulos (16)

Introduction
Peter C. Lorson;Ellen Haustein;Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_0

Approaches to public sector accounting and reporting in Europe
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_1

History of public sector accounting & alternatives
Andy Wynne
https://doi.org/10.14195/978-989-26-1861-6_2

Difference between private and public sector accounting
Andy Wynne
https://doi.org/10.14195/978-989-26-1861-6_3

Budgets and budgetary accounting
Lasse Oulasvirta
https://doi.org/10.14195/978-989-26-1861-6_4

Theoretical approaches to financial accounting purposes and principles
Lasse Oulasvirta
https://doi.org/10.14195/978-989-26-1861-6_5

Different perspectives in public sector accounting harmonisation: IFRS, GFS and IPSAS
Lisa Schmidthuber;Dennis Hilgers;Hannes Hofbauer
https://doi.org/10.14195/978-989-26-1861-6_6

IPSAS: history - spread - use
Lisa Schmidthuber;Dennis Hilgers
https://doi.org/10.14195/978-989-26-1861-6_7

IPSAS conceptual framework and views on selected national frameworks
Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_8

Reporting components and reliability issues
Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_9

Overview of IPSAS on public sector specific topics
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_10

IPSAS: case study
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_11

Consolidated financial statements
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_12