- Parent company financial statements under French GAAP - Accounting production: How to produce parent company financial statements under French GAAP
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- IFRS - International Financial Reporting Standards (IFRS)
- Securities and financial markets - Notions of cost of money, liquidity, inflation, capitalization, discounting, interest calculations, actuarial calculations
Specialization
Target audience
- Consolideurs
- Contrôleurs de gestion
- Experts comptables, Commissaires aux comptes
- Membres du département des Ressources Humaines
- Responsables financiers, consolidation et comptables
1 day
Prerequisites
No prior knowledge is required
Objectives
◗ Apply the principles for measuring and recognizing employee benefits in accordance with IAS 19.
◗ Interpret actuarial reports to identify their accounting and financial implications.
◗ Identify and organize the information to be included in the appendix.
◗ Ensure effective collaboration among accountants, consolidators, and actuaries.
Training program
◗ Fundamental Principle of IAS 19 and Categories of Employee Benefits
– Short-term, long-term, and post-employment benefits
– The nature of the obligation and the allocation of costs to periods of service
✔ UNDERSTANDING | Illustration: Classification of the main French pension plans
◗ Measuring and accounting for post-employment benefits
– Distinction between defined-contribution and defined-benefit plans
– Measurement of the obligation, service cost, and interest cost
– Accounting for plan assets
– Determination of actuarial assumptions
– Rules for recognizing actuarial gains and losses
– Treatment of specific events: plan amendments, curtailments, and plan terminations
– Asset ceiling (IFRIC 14)
– Analysis of changes in the provision over the period
✔ UNDERSTANDING | Illustrated example of the calculation of the obligation
✔ UNDERSTANDING | Illustration: Annotated review of group financial statements
✔ APPLICATION | Practical examples: Calculation of a defined benefit obligation
✔ APPLICATION | Practical example: Accounting for changes in actuarial assumptions
◗ Measuring and accounting for other benefit plans
– Other long-term benefits: method for measuring and accounting for actuarial gains and losses
– Accounting treatment of severance pay
◗ Present and analyze appendix information
– Classification on the balance sheet and in the income statement
– Disclosures
✔ UNDERSTAND | Annotated reading of the notes to the financial statements of various issuers
✔ APPLY | Case study: Presentation of information regarding pension obligations
Why choose this course?
Employee compensation and benefits represent one of the company's main challenges. IFRS standards call for rigorous treatment of these issues, sometimes involving complex procedures. This requires a twofold technical skill: understanding actuarial calculations and implementing accounting principles. In just one day, this course will enable you to acquire the fundamentals of these two 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
1 295 € EXCL. TAX
Testimonials
IAS 19 training
IAS 19 training
IAS 19 training
Jonathan C.
Company
Training