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Description

US GAAP Consolidation: Mastering the Process, Comparing Standards and Securing Reporting Packages

Produce a consolidation under US GAAP and position the treatment differences against IFRS standards

  • 0.43 days — 3 h
  • In-person or virtual
  • Foundation
  • Up to 6 participants

A UAE-based subsidiary integrated into a US group must report its accounts under a framework it does not apply day to day. The definition of the consolidation scope, the presentation rules and the reporting timetable all differ from local practice. Exchanges with the parent company multiply at every closing.

This three-hour session sets out the US GAAP consolidation process and its specific features. Participants follow the production chain from the reporting package through to the consolidated financial statements and identify the treatments that depart from IFRS practice and generate adjustments.

Learning objectives

  • Position the normative sources and the organisation of the US GAAP framework
  • Determine the consolidation scope under US rules
  • Describe the stages in producing consolidated financial statements
  • Identify the main treatment differences with IFRS standards
  • Prepare a reporting package that meets parent company requirements

What makes this programme different

Guided review of a reporting package as a parent company actually requests it
A mapping table between US treatments and IFRS treatments
A session designed from the perspective of the reporting subsidiary

Programme

1The US Normative Framework

Finding your way around the framework

  • Organisation of the texts and hierarchy of sources
  • Role of the standard setter and the securities regulator
  • Financial statements required and expected presentation
  • Reference terminology and equivalents with local practice

2The Consolidation Process

From reporting package to published statements

  • Determining the scope and analysing control
  • Harmonising accounting methods and charts of accounts
  • Elimination entries for intra-group transactions
  • Translation of the accounts of foreign subsidiaries

3Specific Features and Points of Attention

Where the differences concentrate

  • Business combinations and subsequent tracking of goodwill
  • Inventories, fixed assets and impairment
  • Revenue from ordinary activities and employee benefit obligations
  • Organising the reporting timetable and meeting parent company expectations

Who is it for

Group consolidation accountants and financial controllers of subsidiaries belonging to a US group.

Prerequisites

Knowledge of consolidation principles and a working command of business English.

Dates & locations

12 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.