The purpose of this course is to enhance your ability to understand and analyse consolidated financial statements and to explain how to compare consolidated financial statements with individual financial statements.

Understanding consolidated financial statements requires an understanding of the consolidation process. Hence we will discuss both initial and subsequent consolidations with the help of practical examples and exercises.

• Learn the relevance and meaning of consolidation. 
• The difference between individual and consolidated statements
• How does consolidation work in practice?
• The different methods of consolidation
• Issues surrounding consolidation and consolidated financial statements

Recommend background

This course is designed for all managers who need a better understanding of the meaning and relevance of consolidated financial statements: non-financial managers, investment analysts, credit analysts, account managers, investment managers…

What you will learn

We will extensively analyse the determination and the meaning and relevance of goodwill. We will also take a closer look at some of the most important accounting entries made during the consolidation process. Finally, we dig a little bit deeper and have a look at minority shareholdings, foreign currency translations and deferred taxes.

Course format

Practise-based learning and critical engagement are key themes through all our courses allowing delegates to acquire the needed skills and techniques to be applied as soon as they are learned and developed. 

• A course with 10 participants is very good to favour interactivity. Thanks for the perfect course content and lecture.
• Very good course, teacher, and approach. Material available online before the course + request to the participants about their expectations from the course.
• I appreciated the empathy and skills of the lecturer. Also, the size of the group (12 persons) was perfect to have the necessary interactivity throughout the course.
• I think this was one of the best courses I've ever attended. The trainer was extremely pedagogic and the structure of the course was very well planned with just the right mixture of theory versus practical examples and exercises.