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Financial Reporting – Group Accounts: Consolidated Income Statement 📊📈 In this lesson, learn how to prepare and present a Consolidated Income Statement under IFRS 10 (Consolidated Financial Statements). Understand how to combine the results of a parent and its subsidiaries, eliminate intra-group transactions, and account for non-controlling interests. 💡 Key Concepts Covered: Definition and purpose of consolidated income statements Step-by-step process of consolidation Treatment of intra-group sales, unrealized profits, and dividends Accounting for non-controlling interests (NCI) Adjustments for fair value and goodwill Common consolidation mistakes and how to avoid them Worked examples and journal entries 🎯 Ideal For: Accounting, finance, and auditing students Learners preparing for CPA, KASNEB, ACCA, or other accounting exams Professionals involved in group reporting and financial consolidation 📘 Learn With Manifested Publishers: Access structured video lessons, comprehensive notes, and exercises to master group accounting and consolidation techniques. 💻 Visit: www.manifestedpublishers.com 📞 Call/WhatsApp: +254 724 173 845 📌 Hashtags: #GroupAccounts #Consolidation #ConsolidatedIncomeStatement #FinancialReporting #ManifestedPublishers #AccountingLesson #CPA #KASNEB #ACCA #IFRS10 #ConsolidatedFinancialStatements #AccountingEducation