/  Financial Statements Consolidation and Investment Accounting
Pay Attention Please ! The course location "Champs Elysees" is subject to availability . We may change the course location if there is no availability and we will let you know about the location changing directly if it changes. The exact course time will be clear before one week prior to course start date.
BMC Training provides on 7 Oct 2018 Financial Statements Consolidation and Investment Accounting course [Finance , Accounting and Budgeting] in Paris,France

Objectives:

By the end of the program, participants will be able to:

  • Recognize the process of consolidating financial statements.
  • Identify business combinations and their related transactions.
  • Apply the acquisition method for business combinations.
  • Account for goodwill and non-controlling interests.
  • Identify different types of financial instruments and accounting methods for each.
  • Account for transactions according to fair value method, equity method and amortized cost.
  • Recognize differences and similarities between International Financial Reporting Standards (IFRS) and the US Generally Accepted Accounting Principles

The Content:

Financial Instruments

  • Categories of Investments
  • Presentation of Financial Instruments
  • Distinguishing Liabilities from Equity
  • Classification of Instruments:
  • Held-to-Maturity Debt Securities (HTM)
  • Trading Securities
  • Available-for-Sale Securities (AFS)
  • Fair Value through Profit and Loss Option
  • Determining Fair Value
  • Initial and Subsequent Measurement
  • Reclassification and Transfer between Categories
  • Constraints on Reclassifications
  • Derecognition of Financial Instruments
  • Impairment of Financial Assets Carried at Amortized Cost
  • Impairment of Financial Assets Carried at Fair Value
  • Impairment of Financial Assets Carried at Cost
  • Accounting for Sales of Financial Instruments
  • The Recent Accounting Updates According to IFRS 9

Investments in Associates

  • Accounting Based on the Equity Method
  • Situations when Cost Method is Applicable
  • Differences in Fiscal Year
  • Intercompany Transactions between Investor and Investee
  • Accounting for a Partial Sale or Additional Purchase of Equity Investment
  • Change in Level of Ownership or Degree of Influence
  • Accounting for Impairment

Transactions Accounted for as Business Combinations

  • Defining a Qualifying Business
  • Structures of Business Combinations
  • IFRS and US GAAP Consideration

Accounting for Business Combinations

  • Applying the Acquisition Method
  • Identifying the Acquirer
  • Recognizing and Measuring the Identifiable Tangible and Intangible Assets Acquiredand Liabilities Assumed
  • Classifying or Designating Identifiable Assets Acquired and Liabilities Assumed
  • Recognizing and Measuring any Noncontrolling Interest
  • Measuring the Consideration Transferred
  • Recognizing and Measuring Goodwill or Gain from a Bargain Purchase
  • Acquisition Related Costs
  • Accounting for Gain on Bargain Purchase Option

Consolidated Financial Statements

  • Defining "Control"
  • Changes in Ownership Interest without Loss of Control
  • Changes in Ownership Interest Resulting in Loss of Control
  • Consolidation Procedures
  • Intercompany Transactions and Balances

Post Combination Measurement and Accounting

  • Reacquired Rights
  • Contingent Liabilities
  • Indemnification Assets
  • Contingent Consideration

Goodwill and Gain on Bargain Purchase Options

  • Measurement of Goodwill
  • Impairment of Goodwill



Related Training Courses

Course Details
  • Code FBA148
  • Start 09:00 AM - Oct 7 2018
  • END    12:30 PM - Oct 11 2018
  • Paris , Champs Elysees
  • +44 2087206971
  • Training@bmc.net

Fees Per Person

5400 GBP + VAT
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