Group Accounting

This course explains the key principles of group accounting and provides practical examples of how group accounts are prepared. It will refer to both UK GAAP and IFRS, including a review of the key differences between these reporting frameworks. Changes which have arisen under the Companies Act 2006 will also be covered and an update will be provided on recently issued amendments to group accounting standards.
Examples from published accounts will be used to illustrate key issues.

Course Content:

Specifically, the course will cover:

• Group accounts – basic principles
• Preparing a consolidated balance sheet
• Preparing a consolidated statement of financial performance
• Non controlling interests
• Calculating goodwill and impairment testing
• Group cash flow statements
• Mid year acquisitions and disposals
• Equity accounting for associates and JVs
• Current developments in group accounting (IFRS 3 revised)