Group Accounts / consolidated financial statements (part 1) - Financial Position

This video explains the Group Accounting or consolidated financial statements (consolidated Statement of financial Position) in financial reporting, strategic business reporting or corporate Reporting.
It is useful for students preparing for the professional examinations of the various professional bodies such as: ACCA, ICAEW, ICAN,ICAG and other Professional bodies.
This video provides an introduction to group account. It explains the various terms and principles required to understand group account.
This step procedure should be useful to you as a starting guide for answering any examination questions.
My subsequent videos on group/consolidated Financial statements will deepen the knowledge you gain from this video.
We hope that you keep up with the videos we will be posting on this channel from time to time.
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