Introduction to account consolidation

Training description

This type of training is essential for anyone working in a group environment where consolidated financial statements are required, particularly in large companies or accounting firms dealing with international clients.

Target audience

Financial consolidation training courses are aimed at :

• Accountants: Junior level: New employees wishing to acquire basic skills in account consolidation, especially those involved in closing processes.
• Management controllers: Management controllers need to understand account consolidation in order to analyze the financial performance of the group as a whole and provide consolidated reports to management.
• Financial managers: Financial managers who oversee the production of consolidated financial statements, to ensure compliance and transparency in the Group's financial reporting.
• Auditors: Internal and external auditors responsible for validating the accuracy of consolidated financial statements. A thorough understanding of consolidation is essential to identify risks and validate the restatements made in the accounts.

Prerequisites

No prerequisites

Pedagogical objectives

• Understand the basics of account consolidation: Learn key concepts such as the consolidation perimeter, consolidation methods and issues related to corporate groups.
• Identify the scope of consolidation: be able to determine which companies should be included in the consolidated financial statements according to the standards and control criteria.
• Apply the first consolidation methods: master the techniques of full consolidation and equity accounting in simple situations.
• Basic restatements: Learn how to process intra-group transactions and carry out the corresponding eliminations (dividends, internal transactions).
• Participate in the preparation of consolidated financial statements: Contribute to the construction of a consolidated balance sheet and income statement under supervision.

Assessment and follow-up

• A sign-in sheet is signed by the trainees and the trainer.
• At the end of each chapter, the achievement of objectives is assessed using a graded grid.
• Upon successful completion, a certificate of achievement is awarded to the participant.
• A survey is conducted at the end of the training to measure satisfaction.

Training program

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Teaching methods and tools

An active, demonstrative teaching approach is used throughout the course, with theoretical inputs and practical application to situations encountered.

• Practical exercises at the end of each training chapter
• Exercise correction at the end of each training chapter
• Training material in electronic format (PDF) will be delivered

General terms and conditions - Training

Read the document - CGV