Preparing the consolidated statement of cash flows
  • Cash Management - Treasury management: - Master cash management techniques: cash pooling, SEPA, etc. - Master the nature of regulations and treatment techniques - Know and be able to use the operational levers of cash optimization - Know the banking procedures and conditions, scale of interests - Understand payment modes and know how to contribute to their development
  • Consolidation scope - Consolidation scope - First consolidation - Goodwill – Control - Minority interests
  • Consolidation under French GAAP - Consolidation under French GAAP
  • Consolidation under IFRS - Accounting production: Know how to prepare consolidated accounts under IFRS.
  • Financial statements and notes - Know the balance sheet, the income statement, the cash flow statement, the statement of changes in shareholders' equity, the OIC, the notes.
  • IFRS standards - International Financial Reporting Standards

Target audience

- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Consolidators
- Financial managers
- Management controllers

2 day

Prerequisites

This trainng does not require any particular prerequisite.

Objectives

– Learn how to prepare and audit the consolidated statement of cash flows under IFRS and French GAAP
– Be able to analyze cash flows and to identify the necessary reclassifications in order to prepare a consolidated cash flow statement
– Be able to read and interpret a consolidated statement of cash flows

Detailed content

> Reminder of French and IFRS rules

> Linking the cash flow statement to free cash flow (FCF) and net debt

> Key points in a cash flow statement

– Definition of c ash and cash equivalents. Balance sheet: investments that can be qualified as cash equivalents.
– Splitting operating, investing and financing activities
– Focus on interest and tax
– Issues with respect to disclosure of investing and financing cash flows

> Specific topics for consolidated cash flow statement

– Restatements: lease, lease-back …
– Focus on accounted for under the equity method and on minority interests
– Cash flow of foreign currency entities
– Dealing with scope variations (acquisition or disposal, increase or decrease in ownership percentage)
– Dealing with non-cash transactions (in particular intra-group)

> Distinguishing monetary/non-monetary flows and balancing the cash flow

> Loss of control (impact of IFRS 5)

> Information to disclose in the notes

Why should you attend?

A consolidated cash flow statement is mandatory in financial statements prepared under both IFRS and French GAAP. Reading it brings precious insights on the cash flows of the year that go well beyond what can be obtained from reading balance sheet variations. In two days, you will be able to master how to prepare, audit and use this statement.

Training methods and assessment

Detailed technical presentation, many case studies all of whose are integrated in a progressive, realistic and concrete case performed over the two days.
Real-life illustrations.
Final case study assesses the acquisition of knowledge.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail to answer any follow-up questions participants may have.

Price

1 840 € Excl.VAT – 2 208 € Incl. VAT

Médias

Témoignages

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Jonathan C.
Entreprise
Formation