Description
The preparation of consolidated financial statements relies on a sophisticated accounting process involving a multitude of players. This course is aimed at all those involved in the consolidation process. It progressively covers the phases involved in defining consolidated accounts: scope, methods, adjustments, conversion, elimination of internal transactions, deferred taxation, etc., and provides you with the technical expertise and practical skills you need to produce consolidated accounts. It is based on the progressive consolidation of a set of companies, to facilitate skills development. This highly practical method ensures easy assimilation of the mechanisms and principles involved in consolidating accounts under French GAAP and IFRS.
Who is this training for ?
For whom ?
- Consolidator.
- Financial.
- Accounting executive participating in the consolidation of accounts under IFRS or French standards.
- None.
Training objectives
Training program
- Mastering the regulatory framework The regulatory environment.
- The main divergences between French standards and IFRS.
- Determine the scope The different controls: exclusive, joint and significant influence.
- Exclusions from the scope.
- Consolidation methods Global integration.
- Equity accounting.
- Proportional integration.
- Organize the consolidation
- Organizational methods.
- Stages of the process.
- The flow or accumulation method.
- Make restatement entries Mandatory restatements.
- Preferential methods.
- Eliminate the impact of internal operations Operations without impact on the result.
- Operations with an impact on the result.
- Recognize deferred taxes
- Identify the bases and calculate the deferred tax.
- Produce the tax proof.
- Perform account conversion
- The table of changes in equity.
- Eliminate securities and share equity Share equity. Elimination of titles.
- The table of changes in equity.
