Visa for IFRS
  • Accounts quality - Know how to justify and assess the accounts' quality
  • Audit and control - Auditing consolidated accounts under IFRS and French GAAP. Performing a quality audit. Auditing Internal Control
  • Business combinations - Business combinations
  • Compliance and regulatory frameworks - Know regulatory, financial, risk and ethical frameworks (Sarbanes-Oxley system, AMF and SEC regulations, etc.).
  • Consolidation scope - Consolidation scope - First consolidation - Goodwill – Control - Minority interests
  • Consolidation under IFRS - Accounting production: Know how to prepare consolidated accounts under IFRS.
  • Financial instruments and hedging tools - Be familiar with financial instruments and hedging tools (fair value hedge /cash flow hedge, titirisation, credit derivatives, hybrid debt)
  • Financial risks: counterparty, liquidity, interest rates, exchange rates, marketable securities - Analysis, valuation, risk mapping and hedging strategy: - Counterparty risk: financial analysis and control of rating practices (internal, external) - Liquidity risk: ALM and group cash flow forecast - Interest rate risk: fixed and floating rate debt, bond issues - Foreign exchange risk: exports, imports, hedging, forward - Securities risk: dividends, acquisition and disposal of securities, trading room - Project & investment related risk Managing the identification and valuation of financial and non-financial risks
  • 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
  • Merger Acquisition Transaction - Master the implementation of the merger & acquisition/disposal process (letter of intent, due diligence, acquisition audits and data room, binding offer, negotiation, closing, etc.) Understand the legal environment of the transaction
  • Operational flows and processes -
  • Public institutions and entities - Know institutions and bodies (Public organizations): Financial Markets Authority (France, International), Accounting Standards Bodies, IASB, EFRAG, Competition Authority, Parliamentary Committees, etc
  • Revenues (sales) - Revenues (turnover) - Revenue recognition - Contract analysis - Performance obligation - Price allocation

Target audience

- Accounting managers
- Auditeurs internes
- Bankers / Account Managers
- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Consolidation managers
- Financial Directors and Controllers
- Financial managers
- HR and actuaries
- Leaders / Project Managers
- Management controllers
- Managers non-financial
- Members of the financial communication department
- Members of the legal department
- Purchasing Managers
- Sales and marketing managers
- Treasurers

X day

Prerequisites

This training requires a good knowledge of accounting principles and methods.

Objectives

– Master IFRS: understand and be able to apply the fundamental principles, identify key differences between frameworks
– Know how to produce and audit IFRS financial statements
– Obtain the certificate delivered by French Accounting Authorities: « Ordre des Experts Comptables » and « Compagnie Nationale des Commissaires aux Comptes »

Detailed content

> Detailed presentation of all IFRS (standards and interpretations): how to measure, record and disclose

> Context of application and convergence of local standards

> What is principles-based accounting?

> What information should be disclosed?

> Challenges and impacts of applying IFRS: impacted line items, more transparency in financial communication, evolution of the accounting and finance profession

> Recent standard changes covering Revenue Recognition, Leases, and Financial Instruments

> Writing and presenting a report on practical application of an IFRS issue in a professional environment

Why you should attend?

IFRS are composed of a large and consistent set of standards aiming at ensuring a consistent representation of all types of transactions that a company may need to account for. This 150-hour training programme combines theoretical presentation and practical applications. It is concluded by the preparation of a personal project, presented to a jury. The training enables a systematic and practical approach of all the applicable standards and their likely evolution.

Training methods and assessment

For each item, detailed presentation of the standard or the interpretation. Briefing on concrete impacts and practical case study. Presentation of expected evolutions. Follow-up on specific matters raised by participants.
Regular quiz on skills acquisition.
Presentation of personal project.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

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

 

Price

6 500 € EXCL. VAT

Médias

illustration ifrs bureau

Témoignages

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Jonathan C.
Entreprise
Formation

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