Description
The construction of the equity variation table summarizes and validates the reliability of the consolidation process. Its construction is based on a rigorous establishment methodology. In the same way, the preparation of the cash flow statement is based on a precise approach to analyzing flows and consolidating monetary flows. This training leads the participant to approach the construction of these different consolidated financial statements in a methodical and very operational manner. It is an extension of the 'Practical account consolidation - Level 1' training and is aimed at consolidators working under IFRS or French standards.
Who is this training for ?
For whom ?
Accounting or financial manager responsible for or participating in the preparation of consolidated accounts under IFRS or French standards.
Prerequisites
None.
Training objectives
Training program
- Construct the statement of changes in equity
- Objective of the table of changes in equity: an instrument for completing consolidation.
- Identify the different variations in equity.
- Definition of a methodology of construction company by company.
- Practical cases of TVCP construction in IFRS and French standards.
- Dealing with variations in scope
- Construct the table of changes in equity during: an entry into the scope; an exit from the scope; transactions with minority shareholders.
- Divergences in treatment between French standards and IFRS standards.
- Prepare the cash flow statement
- Reminders about the cash flow statement: definition of cash; the different types of flows; presentation options.
- Methodology for constructing the cash flow statement: identification of flows
- Information to be given in annex.
- Address the specifics of the consolidated cash flow statement
- Specificities of this consolidated cash flow: internal group operations; changes in scope; entities in foreign currencies; rental operations; deferred taxes; dividends paid and received.
