Manager consolidation training

Prerequisites

It is recommended that you have a solid understanding of the principles and methods used in preparing consolidated financial statements or that you have completed the training course “IFRS Consolidation Techniques—Principles and Methods” [FHCIFR].

Objectives

◗ Implement key controls to ensure the quality and reliability of the consolidated financial statements and to detect any irregularities.

◗ Effectively lead the consolidation and reporting team by supporting their professional development.

◗ Strengthen its position as a strategic partner with management and stakeholders.

Training program

◗ Managing a consolidation and reporting team: overview and key issues

– Combining the roles of expert and manager
– Developing team skills: effective delegation, coaching, and ongoing team training
– Anticipating the impact of consolidation on financial decisions and company performance
✔ UNDERSTANDING | Group discussion in a plenary session: What is expected of a consolidation and reporting manager?

◗ Planning and coordinating closing

– Manage teams and resources to ensure deadlines are met
– Collaborate with the group’s various entities
– Standardize closing procedures
– Manage changes to the consolidation tool
✔ UNDERSTAND | Illustration: The consolidation process
✔ UNDERSTAND | Illustration: Developing a closing schedule

◗ Implement quality controls to ensure the reliability of consolidated data

– Validate the scope of consolidation
– Review adjustments and eliminations of intercompany transactions
– Use the statement of changes in equity as a key control tool
– Streamline tax calculations using tax proof
– Conduct specific due diligence in the context of an acquisition, sale of securities, or merger of subsidiaries
– Validate and interpret the cash flow statement
✔ EVALUATE | Interactive quizzes
✔ APPLY | Example: Impacts of Various Transactions on the Statement of Changes in Equity
✔ APPLY | Practical Cases: Scope analysis, identifying errors in tax documentation and the statement of changes in equity, accounting for an acquisition
✔ UNDERSTAND | Example: Converting from a cash flow balance sheet to a cash flow statement

◗ Communicating effectively with stakeholders

– Tailoring Your Communication to the Audience
– Creating a Clear and Compelling Presentation
– Making Suggestions, Contributing to Decision-Making, and Handling Objections
– Facilitating Change in Finance Projects
✔ EXPERIMENT | Profiles: Self-Assessment Questionnaire
✔ APPLY | Adapting Your Communication to Each Profile Type
✔ APPLY | Group Discussion: How to Handle Objections?

Why choose this course?

The consolidation and reporting manager must combine in-depth technical expertise with strong management and communication skills. This training program, led by business professionals who have faced these situations firsthand and share their experiences, covers both soft skills and hard skills.

Teaching and assessment methods

Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.

Teaching Methods: A variety of methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.

Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.

During the training: a mix of theoretical concepts and examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.

Monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.

Price

2,250 EXCL. TAX

Testimonials

Manager consolidation training

Jonathan C.
Company
Training

Generalist trainings

Manager consolidation training