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Description

Advanced IFRS: Analysing, Accounting for and Documenting Complex Transactions

Account for complex transactions under IFRS and justify every adjustment to your auditors

  • 3 days — 21 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

Consolidation teams handle routine treatments without difficulty but come up against transactions that fall outside the usual pattern: an acquisition involving contingent consideration, leases with uncertain terms, structured financial instruments or customer contracts with multiple deliverables. The positions adopted are then challenged by auditors for lack of sufficient documentation.

Three days to work through these topics one by one using fully worked numerical cases. Each participant leaves with the corresponding consolidation adjustments and a template for documenting the judgements applied.

Learning objectives

  • Qualify a complex transaction under IFRS
  • Account for a business combination through to purchase price allocation
  • Adjust the group's leases and financial instruments
  • Determine and justify deferred tax arising on consolidation
  • Draft the disclosure notes expected on these topics

What makes this programme different

Cases are based on real transactions from listed and privately held groups
Every adjustment is captured in a consolidation workbook you can reuse afterwards
Time is set aside for the audit questions raised by participants

Programme

1Reporting framework and accounting judgement

Revisiting the foundations before tackling complex cases

  • Position the hierarchy of standards and the interpretation process
  • Identify the structural differences with other reporting frameworks applied locally
  • Document method choices and the judgements applied
  • Organise technical watch and updates to the group accounting manual

2Business combinations and scope of consolidation

Accounting for acquisitions without leaving grey areas

  • Assess control and determine the acquisition date
  • Measure identifiable assets and liabilities at fair value
  • Account for goodwill and non-controlling interests
  • Handle contingent consideration and subsequent adjustments

3Leases, financial instruments and revenue

The three areas where most adjustments arise

  • Identify a lease and measure the corresponding liability
  • Classify and measure the financial instruments held by the group
  • Break a customer contract down into performance obligations
  • Recognise revenue in line with the transfer of control

4Deferred tax and translation of foreign subsidiaries

Securing the items most exposed to error

  • Identify the temporary differences arising from consolidation adjustments
  • Assess the recoverability of deferred tax assets
  • Select translation rates and account for translation differences
  • Build the group's tax proof

5Financial statements and disclosure notes

Producing information that is clear and defensible

  • Structure the primary statements and segment information
  • Select the information to be disclosed in the notes
  • Prepare responses to auditors' questions
  • Organise the closing process and the analytical review of the consolidation

Who is it for

Consolidation managers, consolidation officers, financial controllers and auditors working on financial statements prepared under IFRS.

Prerequisites

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

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.