IndAS 21 & Consolidation

Quick Summary
This discussion shares free Excel models for IndAS 21 and foreign subsidiary consolidation, including foreign currency translation and budgeting. The author explains the process, noting that manual calculations initially had a small discrepancy resolved using Excel's solver. The models are presented as a valuable learning resource, with participants discussing their experiences and potential applications in financial planning and analysis (FP&A).

Corporate mafia = Government agents 

The conference started by 7:30IST and its purely about S&OP process, advantages and Financing. I will try my best to comprehend once it is completely over. 

IBF conference

  1. Data visualisation to convince creditors and customers
  2. Economic and financial market conditions – KPI’s for forecasting and supply chain. It’s about money markets, Demand forecasting & Financial planning aided by Supply chain management, company specific business objectives, PESTEL for economic conditions, Market volatility, lowering market valuations, FX rates, Interest rate impacts, Monetization like in circular flow of incomes, GAAP & NON GAAP Measures & costs + capital structure, people must predict repercussions from all these metrics. FP&A process- SPPI tests, decision making, roles of treasury and financial managers, budgeting importance, Interest rates eg: its impact on KPI’s related to financial statements & ratios & borrowing costs, impact on operating cash cycle. Inflation impact on CVP analysis.  

    IBF conference

  3. Data visualisation to convince creditors and customers
  4. Economic and financial market conditions – KPI’s for forecasting and supply chain. It’s about money markets, Demand forecasting & Financial planning aided by Supply chain management, company specific business objectives, PESTEL for economic conditions, Market volatility, lowering market valuations, FX rates, Interest rate impacts, Monetization like in circular flow of incomes, GAAP & NON GAAP Measures & costs + capital structure, people must predict repercussions from all these metrics. FP&A process- SPPI tests, decision making, roles of treasury and financial managers, budgeting importance, Interest rates eg: its impact on KPI’s related to financial statements & ratios & borrowing costs, impact on operating cash cycle. Inflation impact on CVP analysis.  

This is about it, how IBF deals with these problem facets, but no solutions are in the discussion. what is Risk and types explained and its mitigation is not in the conference agenda. For this we need to take their certification. This is all about it.  Not bad and mostly its a webinar for corporate training for MBA's

I have a newer version and error free Consolidation procedures- IFRS & IndAS version. 

Takes 10 minutes to understand. Hope you all like it.

PROFESSIONS (yasaswigomes.blogspot.com)

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