- 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
Mastering a complex environment
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
◗ Applying the measurement and recognition principles for each category of employee benefits under IAS19
◗ Interpreting actuarial reports to identify impacts on financial statements
◗ Structuring the required information in appendices
◗ Ensuring effective collaboration between consolidated accountants and actuaries.
Training program
◗ Distinguish between the different categories of employee benefits
- Four categories of employee benefits under IAS19
- Nature of the obligation and matching of expenses to periods of service
✔ UNDERSTANDING | Classification of examples of existing schemes
◗ Measuring and accounting for post-employment benefits
- Distinction between defined contribution and defined benefit plans
- Valuation of commitment, service cost and interest cost
- Taking into account plan assets
- Determining actuarial assumptions
- Recognition of actuarial gains and losses
- Treatment of specific events: plan modification, curtailment or settlement
- The limit on plan assets in accordance with IFRIC 14
- Analysis of changes in obligations over the period
- Impact of pension reform
✔ UNDERSTANDING | Illustration of service cost and interest cost calculations
✔ APPLY | Case study: calculating a defined-benefit obligation and the impact of
of changes in assumptions, accounting treatment of a plan change
◗ Measuring and accounting for other benefit plans
- Other long-term benefits - Valuation method and treatment of actuarial gains and losses
- Accounting treatment of termination benefits
✔ APPLIQUER | Illustration of the impact of a site closure in figures
◗ Present and analyze appendix information
- Balance sheet and income statement classification
- Variation tables, actuarial assumptions, sensitivity analysis
- French specificities (recommendation ANC 2013-02) : Main differences
with IAS19
✔ UNDERSTANDING | Commented reading of appendices from different issuers
✔ APPLY | Practical case study: development and analysis of tables of changes
and hedging assets
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 : self-assessment quiz.
During the session: presentations and illustrations based on actual financial statements. Practical application through case studies and interactive quizzes ensure knowledge acquisition.
Afterwards: documentation. The trainer is available to answer any questions relating to the training.
Price
1 295 € EXCL. TAX
Testimonials
IAS 19 training
IAS 19 training
IAS 19 training
Jonathan C.
Company
Training