Step by step through the topic: from the preparation of individual financial statements to full and proportional consolidation and treatment under the equity method. Whether HGB or IFRS - both legal frameworks are comprehensively presented; practical transfer is facilitated by examples and case studies, including consolidation worksheets. In the 14th edition: current status according to HGB, DRS, and IFRS with a look ahead to future changes, including the consolidation effects from IFRS 15 and 16. New: with organizational tips for group accounting, additional practical insights, and many new examples.