The course will be presented by Caroline Nicoletti, Executive Director IFRS & Luxgaap desks; Amedeo Pedini, Partner Audit; and Umair Ali Memon, Senior Manager IFRS desk.

The course will be given in English.

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:

• Understand the consolidation requirements: consolidation, exemption and scope exclusion under Lux GAAP and IFRS;
• Have a refresh about main accounting principles of consolidation under Lux GAAP and IFRS;
• (case studies) Under IFRS and Lux GAAP, you will:
  • Work on specific situations and difficulties to assess the control;
  • Work on: 
    • analyze, via concrete examples, the consequences of an acquisition performed by steps ("step-acquisition");
    • a situation to consolidate companies using different currencies;
    • a full and complete example of a first consolidation;
    • 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.