Financial Planning and Consolidation

Group accounting according to the German Commercial Code (HGB) and IFRS

For group reporting, a sound knowledge of consolidation methods is required. Currency translations often have a huge impact on group profit, and subsidiary managers are regularly confronted with the recognition of goodwill and the impairment test. You will learn the key principles of group accounting.

  • Target group

    Decision-makers, managers and specialists in accounting and corporate performance management, as well as tax advisors and management consultants.

  • Benefits

    You will learn very quickly how to apply the key principles of group accounting and practise them in realistic case studies. In the training session, you will also be shown examples of best practice taken from recent financial statements.

  • Available Online

    The seminar is also offered as live online training.

Training Topics

  • Legal and economic principles of consolidated financial statements

  • The components of the consolidated financial statement according to the German Commercial Code (HGB) and IFRS

  • The obligation to prepare a consolidated financial statement, which companies to include in the consolidated financial statement, and the consolidation methods

  • Eliminating intercompany investments

  • Eliminating intercompany liabilities

  • Eliminating intercompany profits

  • Eliminating intercompany expenses and income

  • Changing the amount held and discontinued consolidation

  • Equity method and proportionate consolidation

  • Depicting acquisitions

  • Accounting for goodwill and the impairment test

  • Currency translation

  • Deferred taxes in the group