ACCT6005 Company Accounting- inter-entity relationship scenarios

Task:

This assessment addresses the following subject learning outcomes:

a) Prepare consolidated financial statements and related accounting entries for incorporated entities.

b) Generate and communicate strategic recommendations in various inter-entity relationship scenarios with reference to relevant accounting standards. 
 
Required:
 
a. Prepare the acquisition analysis as at 1 July 2018 for Joel Ltd. (8 marks)

b. Prepare the consolidation worksheet for Joel Ltd as at 30 June 2020, using the attached template. (81 marks)

c. Prepare a consolidated statement of financial position using account format, for Joel Ltd as at 30 June 2020.

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