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Description

IFRS Consolidation: Aggregating Accounts, Eliminations and Presentation

Build the core mechanics of IFRS group consolidation through a self-paced e-learning programme

  • 0.36 days — 2.5 h
  • In-person or virtual
  • Foundation
  • Up to 6 participants

Consolidated accounts remain opaque to many accountants and management controllers who contribute to them. They are asked to complete reporting packs, adjustments or variance explanations without ever seeing how these elements fit together. Reporting errors recur and closing timetables stretch out for want of an understanding of the overall process.

This two-and-a-half-hour e-learning programme sets out the core mechanics of consolidation under IFRS: scope of consolidation, consolidation methods, alignment adjustments, intercompany eliminations and non-controlling interests. Each mechanism is illustrated using a simple group followed throughout the programme.

Learning objectives

  • Determine the consolidation scope based on the control exercised
  • Apply the consolidation method corresponding to each type of control
  • Identify common alignment adjustments
  • Eliminate intercompany transactions and unrealised internal profits
  • Present equity attributable to the group and non-controlling interests

What makes this programme different

A single illustrative group runs throughout, from scope definition to the consolidated statements
Intercompany eliminations are covered entry by entry
The self-paced format allows each mechanism to be revisited as often as needed

Programme

1Scope and Methods

Deciding who is included and how

  • The notions of control, joint control and significant influence
  • Determining the percentage of control and the percentage of ownership interest
  • The method applicable to each situation
  • Entries into and exits from the scope during the financial year

2Aligning and Aggregating

Making accounts comparable before adding them together

  • Alignment adjustments to group accounting policies
  • Handling differences in accounting policies between subsidiaries
  • Translation of accounts expressed in foreign currency
  • Aggregation of the adjusted accounts

3Eliminating and Presenting

Removing the group from its own accounts

  • Elimination of intercompany balances and transactions
  • Elimination of unrealised internal profits on inventories and on disposals
  • Elimination of investments and allocation of equity
  • Presentation of the consolidated statements and non-controlling interests

Who is it for

Accountants, management controllers and professional services staff contributing to group reporting and consolidation.

Prerequisites

Ability to read a standalone balance sheet and income statement.

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.