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In this video tutorial, the founder of IFRS Box, Silvia, demonstrates the basic procedures for consolidating beds in accounting. Consolidation is a fundamental topic that is often examined in exams and can set you apart in the accounting field. Silvia offers clear examples and guidance for understanding consolidation, making it easier to tackle more complex issues. The case study presented involves Mommy Corporation owning 80% shares of Baby Limited, highlighting key concepts in consolidation. Check out IFRS Box for more resources and learning opportunities on this topic.