The session is about case studies related to the application of the Lux GAAP and IFRS main accounting principles of consolidation requirements. By attending this course, the participant will: 

• Have a refresh about main accounting principles of consolidation under Lux GAAP and IFRS; 
• Under IFRS and Lux GAAP, you will:
  • Work on specific situations and difficulties to assess the control;
  • Work on specific situations to identifiy an investment entity and consequences for a group; 
  • Analyze, via concrete examples, the consequiences of an acquisition performed by steps ("step-acquisition");
  • Work on: 
    • a situation to consolidate companies using different currencies
    • a full and complete example of a first consolidation
    • specific situations and difficulties to identify scope of the consolidation and determine the appropriate consolidation method
  • Have a case study in relation with the estimation of the non-controlling interest during a first consolidation. 

The training will be an interactive sessions and an open discussion on the above mentioned cases.