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Description

IFRS Reporting: Adjusting Statutory Accounts, Documenting and Submitting the Group Reporting Pack

Produce subsidiary reporting that meets group requirements without rebuilding your accounts

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

The subsidiary keeps its books under local accounting rules and must then deliver IFRS reporting to the group within a short deadline. Adjustments are rebuilt at every closing with no record of previous decisions, requests from the consolidation team arrive at the end of the process, and the gaps between the reporting pack and the statutory accounts are difficult to explain.

These two days bring structure to the exercise. Participants identify the differences between the local framework and IFRS, pinpoint the recurring adjustments applicable to their subsidiary, organise the collection of information required for the notes, and build documentation that keeps differences traceable from one closing to the next.

Learning objectives

  • Position the logic of the IFRS framework in relation to local accounting rules
  • Identify the differences applicable to your subsidiary's activity
  • Perform the recurring adjustments required for the transition to IFRS
  • Organise the collection of the information requested by the consolidation team
  • Document your adjustments to ensure traceability from one closing to the next

What makes this programme different

Adjustments are worked through on a single set of statutory accounts followed from start to finish
An adjustment documentation sheet is produced and can be reused at closing
Typical requests from a consolidation department provide the common thread

Programme

1The logic of the IFRS framework

Understanding the spirit before the rules

  • Purpose of financial information intended for investors
  • Conceptual framework and the notions of asset, liability and performance
  • The fair value approach and its consequences for the accounts
  • Differences in mindset compared with the local framework

2The most frequent differences

Identifying what changes in your accounts

  • Property, plant and equipment: component approach and depreciation periods
  • Lease contracts from the lessee's perspective
  • Revenue recognition
  • Provisions and employee benefits
  • Common financial instruments

3Building the adjustments

From the statutory balance to the group balance

  • Method for moving from statutory accounts to group reporting
  • Adjustment entries and the related deferred tax
  • Treatment of intragroup transactions
  • Consistency checks before submission

4The reporting process

Meeting deadlines while maintaining quality

  • The consolidation reporting pack and the note disclosures expected
  • Closing timetable and the usual bottlenecks
  • Dialogue with the consolidation team and with the auditor
  • Documentation and retention of supporting evidence

Who is it for

Accountants and finance managers in subsidiaries, together with management controllers and members of consolidation teams.

Prerequisites

A sound command of general accounting mechanisms and of how financial statements are prepared.

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.