Pacioli Consolidation Accounting Module 2 (PCAM2)

Pacioli Consolidation Accounting Module 2 (PCAM2) is a unique 24/7 virtual accounting tutor.  It allows students to develop their consolidation accounting knowledge and skills in a highly efficient and effective manner, and at their own pace.

 

Using a spreadsheet matrix approach, Pacioli Consolidation Accounting Module 2 (PCAM2) provides a unique learning environment for students work with “direct” and “indirect” interests – concepts that co-exist only within the confines of a “parent-child-grandchild” group structure.  Students calculate direct and indirect group ownership interests, and then use these results to determine the allocation of undistributed group profits.

 

In broad outline, PCAM2 generates and displays a diagram of a multi-level group structure together with end of period retained earnings data (net of all relevant adjustments) for individual members of the group.  Using the information provided, together with blank on-screen spreadsheet matrices, students enter answers into the appropriate cells and thereby establish total ownership interests for the group and the non-controlling interest share of end of period retained earnings.