Group Consolidation - Key Standards


Accountants involved in the preparation of statutory financial statements, both under local (FRS 102) and international financial reporting standards, are often required to prepare group financial reports. This course will cover the basics and help update preparers, and users, regarding how consolidated financial statements are prepared.

Venue details:  
Chartered Accountants House, , Dublin
Start date & time:  
30 October 2019 09:30
End date & time:  
30 October 2019 17:00
Price: €300.00  (€240.00 Member price)
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
CPD hours:  
Speaker details
First nameLast name


Product type:  
CPD course
Financial reporting

Who should attend

This one day course isdesigned to cover the main financial reporting standards, both IFRS and local, which concern the process of consolidation in financial reporting. It will cover the definition of a subsidiary, how to deal with inter company transactions, the accounting treatment required for associates and joint arrangements and how to account for business combinations. The subsequent accounting for goodwill and other intangible assets will also be covered. In all cases practical examples will be used to illustrate the main issues, as well as examples from Irish published accounts.

Course overview

  • IFRS 10 Consolidated financial statements and Section 9 FRS 102
  • IAS 28 Investments in associates and joint ventures and Sections 14 and 15 FRS 102
  • IFRS 11 Joint arrangements and Sections 14 and 15 FRS 102
  • IFRS 3 Business combinations and Section 18 and 19 FRS 102

Key learning outcomes

By the end of this course, participants will be able to:

  • Be aware of the main requirements in both the local and international financial reporting standards necessary to prepare the Annual Report
  • Ensure that consolidated financial statements are prepared under current best practice

Speaker Bio

Robert has lectured extensively within Ireland and Great Britain on accounting standards to such diverse organisations as British Gas Plc, The Post Office, British Aerospace Plc, NATO, Royal Bank of Scotland, Bank of Ireland, John Laing Plc, Barclays Bank, Deloitte (Dublin) and Reed International Plc. He has lectured on IFRS standards to major companies in Cyprus, United States, Bahrain, South Africa, Zambia and Ghana. He has published 14 books on the subject both in Ireland and GB.