Finance and TreasuryFinancial Accounting and Group Consolidation
Consolidation restates a group as though the companies inside it were one entity, and the errors that survive review are usually in the entries that remove transactions the group made with itself. This course covers doing it correctly. Delegates work through control and the boundary that determines what consolidates, acquisition accounting including fair value, goodwill and non controlling interests, and the elimination of intercompany balances, trading and unrealised profit in stock. Foreign subsidiary translation is covered in detail, since translation differences are widely misplaced. Associates and joint arrangements follow. Changes in ownership, including transactions that do not lose control, are addressed. The course closes on the consolidation timetable and on the reconciliations that catch an error before publication.
Course objectives
- Determine control and the consolidation boundary
- Apply acquisition accounting including goodwill and non controlling interests
- Eliminate intercompany balances, trading and unrealised profit
- Translate foreign subsidiaries and place translation differences correctly
- Account for associates and joint arrangements
- Handle ownership changes with and without loss of control
- Run a consolidation timetable and the reconciliations that catch errors
Who should attend
- Group accountants and consolidation specialists
- Financial reporting managers in holding company structures
- Subsidiary finance managers reporting into a regional or global group
- Chartered accountants preparing for group reporting responsibilities
- Finance staff involved in mergers and post acquisition integration
Course outline
- 01Restating a group as one entity
- 02Control and the consolidation boundary
- 03Acquisition accounting and fair value
- 04Goodwill and non controlling interests
- 05Intercompany elimination and unrealised profit
- 06Foreign subsidiary translation
- 07Associates and joint arrangements
- 08Ownership changes, timetable and reconciliation
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 14 to 16 October 2026 | Kigali, Rwanda | Classroom | USD 995 per delegate | Register Now |
| 21 to 23 October 2026 | Lagos, Nigeria | Classroom | USD 995 per delegate | Register Now |
| 16 to 18 December 2026 | Online | Online | R6,500 per delegate | Register Now |
| 4 to 6 January 2027 | Accra, Ghana | Classroom | USD 995 per delegate | Register Now |
| 3 to 5 February 2027 | Gaborone, Botswana | Classroom | R14,950 per delegate | Register Now |