FUNDAMENTALS OF CONSOLIDATION
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1
Before beginning this course, the students should be comfortable with basics and more advanced topics in accounting. They should know what are the different components of the financial statements, what are the ledger, the journal. They should be able to make entries into the journal, etc.
At the end of the course, the student should be able to:
– understand what is at stake in the consolidation process
– understand real consolidated financial statements
– establish basic consolidated financial statements
The course is technical and aims to present the technics and steps of the consolidation process.
It presents:
– The idea of accounting for groups and the notion of control;
– The steps of the consolidation process;
– The different methods of consolidation used (acquisition method, equity method, etc.);
– The pre consolidation adjustments, the adjustments, and the eliminations of the effects related to intragroup transactions;
– The goodwill and the future taxes in consolidation.
