Hi students
Can someone share the class notes/ solved example of a typical Consolidated Financial statements problems as given in M P Vijayakumar Sir's class/ Financial reporting book??
I took his class and owe my CA Pass first attempt to him greatly. Now that I am teaching I want to refer to my teacher's notes to do justice to the topic I now teach:-) . I would be greatful to anyone who could just share one solved problem to refresh my memory.
Thank u
Swetha Sanath
Hey Swetha! That’s awesome you’re teaching now and want to use M P Vijayakumar Sir’s notes — he’s really helped a lot of CA students crack the subject. While I don’t have his exact notes, I can definitely help you with a typical solved problem on Consolidated Financial Statements in his style or approach, covering key concepts like:
Calculation of minority interest
Goodwill on acquisition
Elimination of intra-group transactions
Consolidation entries
If you want, I can prepare a detailed solved example for you, step-by-step, that you can use to refresh your memory and even share with your students.
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