- 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
- Cash management - Mastering cash management tools : - Cash management techniques: cash pooling, SEPA - Master the nature of settlements and processing techniques - Know and know how to use operational levers for cash optimization - Understand banking circuits and conditions, and interest rates - Understand payment methods and know how to contribute to their development
- IFRS - International Financial Reporting Standards (IFRS)
- Consolidation scope - Consolidation scope - First-time consolidation - Goodwill - Minority interests
Specialization
Target audience
- Contrôleurs de gestion
- Experts comptables, Commissaires aux comptes
- Responsables financiers, consolidation et comptables
- Utilisateurs des états financiers
2 day
TFT Training
Prerequisites
No prior knowledge is required
Objectives
◗ Prepare the consolidated cash flow statement in accordance with French accounting standards and IFRS.
◗ Identify the adjustments to cash flows that are necessary to prepare the consolidated cash flow statement.
◗ Interpret a consolidated cash flow statement.
Training program
◗ Definition of cash flow
– Definition of cash and cash equivalents
– Criteria for classifying UCITS as cash equivalents: analytical approach proposed by the AFG
✔ APPLY | Case study: criteria for classifying assets as cash equivalents
✔ UNDERSTAND | Review of cash flow statements (CFS) for publicly traded groups
◗ Presentation of the different flows
– Breakdown of cash flows: operating, investing, and financing
– Focus on interest received/paid and taxes paid
✔ APPLY | Practical example: classifying cash flows related to R&D and grants
◗ Cash flow from operating activities
– Calculating operating cash flow using the direct and indirect methods
– Accounting for minority interests and equity-method investments
– Accounting for changes in working capital
✔ APPLY | Practical example: Determining cash flows from operating activities
✔ APPLY | Practical example: Determining cash from operations
✔ APPLY | Practical example: Determining changes in working capital
◗ Cash flow from investing activities
– Focus on non-cash transactions
– Handling sale-and-leaseback transactions
✔ UNDERSTAND | Brainstorming: What are the main non-cash cash flows that affect balance sheet items but should not impact the TFT?
✔ APPLY | Case study: Determining cash flows related to investing activities
◗ Cash flows from financing activities
– Accounting for share repurchases
– Impact of leases under IFRS 16
✔ APPLY | Case Study: Determining Cash Flows Related to Financing Activities
◗ Translation and changes in scope of consolidation
– Which exchange rate applies to which transaction?
– Determining the translation reserve
– Impact of capital increases and changes in scopeof consolidation
✔ APPLY | Case study: translation reserve and impact on the TFT
✔ APPLY | Case study: impact of capital transactions on the TFT
✔ APPLY | Summary case study
✔ UNDERSTAND | Summary sheet on the impacts of securities acquisitions and disposals
◗ Ratios and performance indicators
– Links between TFT and “free cash flow”
– Calculating net debt
✔ UNDERSTANDING | Analysis of ratios reported by publicly traded companies
◗ Notes to the financial statements
– Information required by IAS 7
– Links between TFT and the “Statement of Changes in Debt”
– Impact of IFRS 5
Why choose this course?
The consolidated cash flow statement is a required financial statement under both French accounting standards and IFRS. Analyzing it provides valuable additional information about cash flows for the year, which goes well beyond the simple statements of changes in balance sheet items. Over the course of two days, this training course teaches participants how to prepare and interpret it.
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
TFT Training
TFT Training
TFT Training
Jonathan C.
Company
Training