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Description

Consolidation of Accounts: Defining the Scope | Adjusting and Consolidating

Understand how the accounts of several companies become one single set of financial statements

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

As soon as a group includes several companies, individual accounts no longer describe economic reality. Intragroup transactions inflate the figures, investments appear twice and the reading becomes misleading. Accounting teams receive reporting packages to complete without always seeing what they are used for.

A short format to establish the key reference points of consolidation. You define a consolidation scope based on the control exercised. You apply the three consolidation methods. You carry out the most common adjustments and eliminations through to the presentation of the group financial statements.

Learning objectives

  • Define the consolidation scope based on the control exercised
  • Distinguish the three consolidation methods and their effects
  • Carry out the usual alignment adjustments
  • Eliminate reciprocal transactions between group companies
  • Present a consolidated statement of financial position and income statement

What makes this programme different

A three-company group case is handled from scope definition through to consolidated accounts
Each adjustment is recorded as a journal entry then carried into the reporting package
The terminology used is linked to that of the packages circulated to subsidiaries

Programme

1Scope and Methods

Who belongs to the group and how

  • Assess exclusive control
  • joint control and significant influence
  • Define the consolidation scope
  • Select the method applicable to each entity
  • Determine ownership and control percentages

2Adjustments and Eliminations

Making the accounts comparable

  • Align the accounting policies applied by subsidiaries
  • Adjust transactions specific to individual accounts
  • Eliminate reciprocal receivables and payables
  • Neutralise internal profits on inventories and fixed assets

3Investments in Subsidiaries and Group Financial Statements

Reaching the group accounts

  • Eliminate investments in subsidiaries and allocate equity
  • Calculate the share attributable to non-controlling interests
  • Account for goodwill arising on acquisition
  • Present the consolidated statement of financial position and income statement

Who is it for

Accountants · management controllers · junior auditors and subsidiary staff called upon to contribute to consolidation work.

Prerequisites

Familiarity with individual financial statements and the ability to read a balance sheet.

Dates & locations

36 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.