Consolidation of Financial Statements


Learning objectives

After successfully completing this course, the students will have acquired the following learning outcomes:

  • The techniques how to consolidate several financial statements by help of different consolidation methods,
  • The information content of consolidated financial statements,
  • The critical aspects of different consolidation methods.


  • Basics of Group Accounting
  • Economic concepts and legal frame
  • Preparation of Consolidation
  • At equity-consolidation
  • Proportional consolidation
  • Full Consolidation (with prorated and full goodwill)
  • Consolidation according to IFRS and German GAAP

General Information

  • Admission prerequisites: Managerial Accounting & Bookkeeping (Accounting I) (compulsory); Financial Reporting (Accounting II) (which can be done in the same semester)
  • Frequency of offer: every summer semester
  • Scope of the course: lecture and exercise: 4 SWS
  • Examination modalities: written exam (60 minutes)
  • Lecturer: H. Ketteniß