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This video tutorial provides a clear demonstration of basic consolidation procedures in accounting, specifically focusing on how to consolidate beds. Consolidation is an essential aspect examined in accounting exams and can set you apart in your career. The tutorial is presented by Silvia, the founder of IFRS box, and offers examples and explanations to help viewers understand the process easily. The case study discussed involves Mommy Corporation owning 80% shares of Baby Limited since Baby's incorporation.