- NF consolidation (French GAAP) - French GAAP consolidation
- IFRS consolidation - Accounting production: How to produce IFRS consolidated financial statements
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- IFRS - International Financial Reporting Standards (IFRS)
- Consolidation scope - Consolidation scope - First-time consolidation - Goodwill - Minority interests
- Regroupement d'entreprises - Business combinations
- Mergers & Acquisitions Transaction - Master the implementation of acquisition/disposal processes (letter of intent, due diligence, acquisition and dataroom audits, binding offer, negotiation, closing) - Understand the transaction environment: negotiation, financial and regulatory environment
Mastering a complex environment
Target audience
- Experts comptables, Commissaires aux comptes
- Responsables financiers, consolidation et comptables
2 day
Prerequisites
It is recommended that you are familiar with the principles and methods used to prepare consolidated financial statements, or that you have taken the training course entitled "IFRS consolidation techniques - Principles and methods" [FHCIFR].
Objectives
◗ Drawing up a consolidated statement of changes in equity
◗ Interpreting the published financial statements (statement of comprehensive income and statement of changes in shareholders' equity)
◗ Using the individual statement of changes in shareholders' equity as a tool for verifying the consolidation process
Training program
◗ The normative requirement
- Format for disclosures of changes in shareholders' equity
(French GAAP and IFRS)
- Components of OCI
✔ ASSESS | Quiz: when to recognize deferred taxes and recycle OCI?
✔ UNDERSTAND | Extracts from consolidated group financial statements
◗ Individual consolidated statement of changes in shareholders' equity
- Construction principles
◗ Presentation according to consolidation methods
- Reminder of the link between control and consolidation methods
- Impact of the entity's "minority interests" and those of its parent(s)
✔ APPLIQUER | Case study: setting up tables of changes in shareholders' equity
✔ APPLY | Case study: impact of non-controlling interests
◗ Changes in securities with no impact on control
- Treatment of increases in percentage interest without change of control
- Difference in treatment between a disposal resulting in loss of control and a partial disposal
impact on goodwill and translation adjustment
✔ APPLY | Case study: drawing up tables of changes in shareholders' equity
incorporating changes in the scope of consolidation
◗ Impact of restatements, eliminations and translation
- Different approaches to reporting (parent company or restated financial statements)
- Special case of IFRS adjustments recorded in OCI: financial instruments,
commitments, translation adjustments
- Validation of reciprocity (dividends, capital increases, etc.)
- Treatment of share reclassifications within the scope of consolidation
- How to read and validate translation reserves?
- Hedging and recycling in the income statement: accounting treatments and impact on the
statement of changes in shareholders' equity
✔ APPLY | Practical case: drawing up tables of changes in shareholders' equity
incorporating the above elements
✔ ASSESS | Quiz on the treatment of internal operations
◗ Perimeter entrance
- Acquisition method under IFRS3
- Goodwill calculation and monitoring over time
✔ APPLY | Case study: calculation of full and proportionate goodwill with impact
in the statement of changes in equity
✔ APPLY | Case study: impact of a step-by-step acquisition on the statement
in the statement of changes in equity
◗ Special cases
- Error corrections and changes in accounting policies
- Elimination of treasury stock
- Stock option plans
Why choose this course?
The statement of changes in shareholders' equity is a mandatory statement under both French GAAP and IFRS. It is an essential tool for analyzing and closing the consolidation process, as it tracks all transactions impacting net income, OCI and shareholders' equity.
In just two days, this training course will enable you to master the rules governing the preparation, use and control of this tool.
Teaching and assessment methods
Before : self-assessment quiz
During the session : each point covered is accompanied by practical examples and published financial statements. Practical case studies (including accounting diagrams), interactive quizzes and discussions during the session ensure that you acquire the knowledge you need.
Afterwards: documentation.
The trainer is available to answer any questions relating to the training.
General training | FinHarmony Conseil & Formation
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Price
2,250 EXCL. TAX
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Testimonials
statement of changes in shareholders' equity
statement of changes in shareholders' equity
statement of changes in shareholders' equity
Jonathan C.
Company
Training