Topics covered include:

1.  Scope of IFRS 10
2. IFRS 10 control model – Summary
3. Assessing control – 7 steps
4. Accounting requirements
5. Loss of control

The objectives of the training is to:

i) Define the principle of control and establish control as the basis of consolidation

ii) Set out how to apply the principle of control to identify whether an investorcontrols an investee and therefore whether there is need to consolidate theinvestee

iii) Set out the accounting requirements for the preparation of consolidated financial statements

iv) Define an investment entity and set out an exception to consolidating particular subsidiaries of an investment entity

• CPA graduates
• All accountants