Mastering Group Financial Statements provides accounting students and practitioners with an invaluable practical guide to the often-complex world of group accounting. By using extensive and detailed explanations, along with numerous practical worked examples, the book gives readers a comprehensive overview of all the IFRS principles and concepts that are the basis of group accounting. It also includes a roadmap for preparing group financial statements in a number of different scenarios. Aside from giving readers a thorough technical knowledge, a key focus of Mastering Group Financial Statements is to teach accounting students practical exam techniques when answering group statement questions to maximise marks earned and minimise time spent answering such group financial statement questions. The focus on exam techniques is expanded with the selection of self-assessment questions at the end of each chapter. In addition, students will have free access ONLINE? to group financial statement questions, ranging from basic to advanced, together with a comprehensive set of solutions and value-added comments designed specifically to hone exam technique and time management skills. Lecturer support material is available to prescribing institutions, in the form of: Solutions to questions; A question bank and accompanying solutions with valuable comments, which can be used for tutorial purposes and to set test and exam questions; A teaching plan showing how to divide the topics into manageable chunks for students; and PowerPoint slides. Mastering Group Financial Statements can be summed up as making the difference - be it the difference between a good pass and a great pass, or simply in how students' approach their studies. All in all, it's the key to ensuring success.

Mastering Group Financial Statements Volume 2 is part of a two-volume set which provides accounting students and practitioners with an invaluable practical guide to the often complex world of group accounting.

Volume 2 is an essential resource for understanding the application of International Financial Reporting Standards (IFRS) to business combinations, investments in associates and joint arrangements, changes in ownership interests in investments, foreign operations and the group statement of cash flows.

The book gives detailed explanations and numerous practical worked examples, to provide readers with a comprehensive overview of the IFRS principles and concepts underlying group accounting. It therefore serves as a roadmap for preparing group financial statements in varying scenarios.

Along with technical group accounting guidance, this text offers practical group accounting exam techniques, intended to minimise time students spend answering questions and maximise marks earned. The self-assessment questions at the end of each chapter, together with comprehensive online case study questions and solutions, allow students to test their understanding of the subject matter and sharpen exam technique.