Content, progress and pedagogy of the module

The consolidated accounts show an overall economic picture of a parent company and its subsidiaries, as if they constituted a single company. The consolidated accounts thus include the entire economic unit of which the management of the parent company has decision-making power.

Learning objectives

Knowledge

The student must through the module obtain knowlegde about: 

• Knowledge of the purpose of the consolidated accounts.

• Knowledge of the "sources of law" applicable in Denmark to the presentation of consolidated accounts.

• Insight into the content of the theories/opinions/views on which consolidated accounts are based and the consequences of these for the consolidated accounts.

Skills

The student must through the module obtain skills in:

• Describing the main differences between the rules of the Danish Financial Statements Act/Danish accounting standards and international accounting standards in connection with company amalgamations and subsequent consolidated accounts.

Competences

The student must through the module obtain competences to:

• Preparing consolidated accounts on the day of the company amalgamation according to the acquisition method as well as the amalgamation method.

• Preparing consolidated accounts at a later time than the amalgamation date based on reassessment, elimination and corrections of commonly occurring intra-group transactions.

Exam

Exams