Consolidated Financial Statement

Factsheet Series: Key Principles in the Preparation of Consolidated Financial Statements in IFRS 10

by THEACCSENSE June 18, 2021January 2, 2023

Preparation of consolidated financial statements can be confusing. This article helps you to understand the key principles of IFRS 10.

Financial Accounting

Factsheet Series: Preparation of Separate Financial Statements under IAS 27

by THEACCSENSE June 17, 2021January 2, 2023

This article helps you to understand what is separate financial statements in IAS 27 and how does it differ from other types of financial statements.

MAIG 3: Preparation of consolidated financial statements of a group

Financial Accounting

MAIG 3: Preparation of consolidated financial statements for a group that disposed of its only subsidiary during the financial year

by THEACCSENSE May 12, 2021January 2, 2023

In this article, we are bringing to you the latest implementation guidance which discusses the preparation of consolidated financial statements for a group that had disposed of its only subsidiary during the financial year. This implementation guidance, named as MFRS Application and Implementation Guide 3 (“MAIG 3”), is issued by the MFRS Application and Implementation […]

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