Consolidation Workshop (IFRS / FRS)

Summary

This course takes a practical look at the mechanics of consolidation using spreadsheets. Participants will be encouraged to build up the consolidation with the presenter and then work on an example consolidation. The course also looks at the main consolidation adjustments, including fair value adjustments and intragroup trading, as well as differences between IFRS Standards and FRS 102 in the area of consolidation accounting

Venue details:  
Online, , Online
Start date & time:  
24 June 2020 09:30
End date & time:  
24 June 2020 12:30
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
3.00
CPD hours:  
3.00
Speaker details
First nameLast name
Ben Wheaton

Description

Product type:  
CPD online course
Category:  
Financial reporting, Practice and business improvement

https://www.charteredaccountants.ie/professional-development/Support-Services/CPD-terms-and-conditions

This course is suitable for both accountants and auditors who have exposure to group accounting, and others who wish to refresh their understanding of consolidation and the differences between IFRS Standards and FRS 102 in the area of consolidation. It is also relevant to users and analysts of financial statements who have an understanding of accounting

Course Overview

This online interactive live session will focus on collaborative learning and will utilise the functionality of our online learning platform resulting in an engaging collaborative manner of learning. The course will cover the following topics:

  • Practical spreadsheet-based consolidation examples
  • Consolidated statement of financial position
  • Consolidated statement of profit or loss and other comprehensive income
  • Goodwill differences - IFRS Standards vs FRS 102
  • Fair value and other consolidation adjustments

Key Learning Outcomes

By the end of this course, participants will be able to:
  • Undertake a consolidation using spreadsheets
  • Understand the main consolidation adjustments
  • Appreciate the key differences between IFRS Standards and FRS 102 in the area of consolidation

Speaker Bio's

Ben Wheaton FCA FCCA - Ben is a freelance IFRS trainer and university lecturer and with 20 years of experience in IFRS training for international clients. He qualified with KPMG, working with them in the UK and Switzerland on high profile engagements. He has also been an examiner for Chartered Accountants Ireland and ICAEW. Ben has been working with Chartered Accountants Ireland since the inception of the Diploma in IFRSs in 2004