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Description

Chief Financial Officer: Managing Consolidation and Applying IFRS

Produce reliable consolidated accounts and explain the variances arising from IFRS

  • 4 days — 28 h
  • In-person or virtual
  • All levels
  • Up to 6 participants

Consolidated accounts depend on reporting packs submitted late by subsidiaries that do not apply the same rules. Adjustments are reworked every year with no record of previous decisions, and the differences with statutory accounts remain difficult to explain to executive management.

Four days devoted to consolidation and the international reporting framework. The programme covers scope and consolidation methods, elimination entries, the most frequent IFRS adjustments, business combinations, the presentation of consolidated statements and the organisation of the reporting process with subsidiaries.

Learning objectives

  • Determine the consolidation scope and the applicable method
  • Perform the elimination of intra-group flows
  • Apply the most frequent IFRS adjustments
  • Handle goodwill and its monitoring over time
  • Present and comment on consolidated financial statements
  • Organise the reporting pack collection process across subsidiaries

What makes this programme different

A full consolidation is carried out from scope definition through to the published statements
IFRS adjustments are addressed through their effect on profit and on equity
The reporting pack process is designed as a managed project run with the subsidiaries

Programme

1Scope and Consolidation Methods

Which entities belong in the group accounts

  • Assess the control exercised over an entity
  • Choose between full consolidation and the equity method
  • Determine ownership and control percentages
  • Handle entries to and exits from the scope during the financial year

2Consolidation Entries

From aggregation to group accounts

  • Align individual accounts before aggregation
  • Eliminate intra-group transactions and results
  • Handle investments and the equity of subsidiaries
  • Recognise non-controlling interests

3Adjustments to the IFRS Framework

Moving from one framework to another

  • Account for lease contracts on the balance sheet
  • Apply revenue recognition requirements
  • Adjust long-term employee benefits
  • Track financial instruments and their measurement

4Business Combinations and Goodwill

Accounting for an acquisition

  • Identify acquired assets and liabilities at fair value
  • Determine the residual goodwill
  • Perform the impairment test and document it
  • Handle contingent consideration and subsequent adjustments

5Consolidated Statements and Process Management

Reporting on time

  • Build the consolidated statements and their notes
  • Comment on the differences between statutory and consolidated accounts
  • Draft the consolidation manual for subsidiaries
  • Organise the reporting calendar and consistency checks

Who is it for

Chief financial officers, consolidation managers, group chief accountants and financial controllers.

Prerequisites

A sound command of general accounting mechanisms.

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.