Start a conversation ↗

Description

IFRS 3 and IFRS 10: Identifying Control, Accounting for It and Tracking Changes

Translate an acquisition and its subsequent changes into consolidated accounts that hold up to review

  • 2 days — 14 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

An acquisition is rarely reflected in a single journal entry. You first need to establish whether control has been obtained, then allocate the consideration paid to the identifiable assets and liabilities before recognising goodwill. The same difficulties resurface with every additional purchase or partial disposal, when a choice must be made between equity and profit or loss.

These two days build on existing consolidation practice. Participants apply the control analysis to ambiguous situations, then work through the accounting for a business combination. They deal with subsequent changes in ownership interest, with or without loss of control.

Learning objectives

  • Analyse the existence of control in complex ownership situations
  • Determine the acquisition date and the cost of the combination
  • Allocate the purchase price to identifiable assets and liabilities
  • Account for goodwill and non-controlling interests
  • Deal with changes in ownership interest with or without loss of control
  • Justify the specific cases encountered in restructuring transactions

What makes this programme different

A single group is tracked over several reporting periods through successive acquisitions and disposals
Consolidation entries are worked through on the board and then verified by participants
Ambiguous control situations are resolved as a group with written reasoning

Programme

1Control Analysis

Deciding who enters the consolidation scope

  • Components of control under IFRS 10
  • Substantive rights and protective rights
  • Indirect holdings, shareholder agreements and de facto control
  • Structured entities and analysis of variable returns

2Accounting for the Business Combination

Allocating the consideration paid before recognising goodwill

  • Identifying the acquirer and the acquisition date
  • Measuring the consideration transferred and contingent consideration
  • Identifying and measuring the assets and liabilities acquired
  • Goodwill, bargain purchase and the measurement period

3Subsequent Changes in Ownership Interest

Distinguishing what goes to profit or loss from what goes to equity

  • Acquisition of additional shares without a change in control
  • Partial disposal while retaining control
  • Loss of control and remeasurement of the retained interest
  • Treatment of non-controlling interests

4Specific Situations

Handling transactions outside the usual pattern

  • Combinations between entities under common control
  • Commitments to purchase non-controlling interests
  • Acquisition of a group of assets that does not constitute a business
  • Subsequent monitoring of goodwill and impairment testing

Who is it for

Consolidation specialists, accounting managers, auditors and financial controllers working on consolidated accounts under IFRS.

Prerequisites

Practical experience of consolidation and knowledge of the general principles of IFRS.

Dates & locations

24 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.