Mastering a complex environment
Target audience
- Consolideurs
- Contrôleurs de gestion
- Directeurs et contrôleurs financiers
- Experts comptables, Commissaires aux comptes
- Membres du département communication financière
- Responsables financiers, consolidation et comptables
1 day
PPA Training
Prerequisites
No prior knowledge is required.
Objectives
◗ Analyze the financial impact of the PPA
◗ Identifying the key stages in the APP development process
◗ Valuing acquired intangible assets to determine goodwill
Training program
◗ Acquisition process (from target identification to acquisition)
- Asset deal vs. share deal
- Legal aspects: timetable, setting up the data room, preliminary discussions,
signing and closing
- Why is price different from net assets?
- Different methods of valuing a company and determining net debt
✔ VALUATE | Quiz: what do you think... Should we take into account the effect of taxation on
on revaluations when determining Net Asset Value?
✔ UNDERSTANDING | Brainstorming: when determining the DCF of a stand-alone business
stand-alone business, should only maintenance investments be taken into account
or should we include development investments?
✔ UNDERSTANDING | Examples of shareholder agreement clauses
◗ Recognition of PPA under IFRS
- Identification of the purchaser
- Determining the acquisition date
- Fair value of consideration given (fixed and variable price, method of payment,
resolution of pre-existing disputes)
- Identifying assets and liabilities
- How to account for liabilities and contingent assets?
- Criteria for recognizing intangible assets
- Determining goodwill
- What impact on the acquirer's financial statements? The challenges of identifying
of intangible assets
✔ APPLIQUER | Case study: determining goodwill using both methods
✔ APPLIQUER | Case study: the impact of post-acquisition intangible assets
◗ Valuation methods for intangible assets
- Initial value recognized by acquisition method
- Intangible assets generally recognized under IFRS3
- The 3 valuation approaches: market approach, income approach and cost approach
cost approach
✔ UNDERSTAND | Summary of valuations by category of intangible assets
✔ UNDERSTANDING | Review of consolidated group financial statements
Why choose this course?
It is compulsory to carry out a PPA when taking control of a company. Understanding the issues involved is crucial, as the choices made during this exercise have an irreversible impact on the financial performance of the new consolidated entity. Valuing intangible assets correctly is not an easy task, as these assets are often not recognized in the target company's balance sheet.
At the end of this training course, you will have mastered the PPA process, as well as the mechanisms for valuing acquired intangible assets.
Teaching and assessment methods
Before : self-assessment quiz
During the session: each point covered is accompanied by numerical examples taken from real-life situations and published financial statements. Practical case studies, interactive quizzes and discussions during the session ensure that you acquire the knowledge you need.
After the event: The trainer is available to answer any questions relating to the training.
Price
1,295€ EXCL. TAX
Testimonials
PPA Training
PPA Training
PPA Training
Jonathan C.
Company
Training