General Accounting - Fundamentals - Module 2 - Legal Aspects of Annual Accounts

A prior knowledge of double entry bookkeeping and/or previous attendance at the General Accounting Fundamentals course .

Upon successful completion of this course, the participant should be able to:

• Understand the requirements under the law relating to the preparation of annual accounts
• Achieve good knowledge of some of the items appearing in annual accounts
• Obtain a basic understanding of the process of voluntary liquidation of a Luxembourg company

• Understanding accounting principles
• Annual accounts
  • Criteria for preparing abridged or full accounts
  • Disclosure requirements and exemptions
• Share premium, its creation and reduction
• Legal reserve
• Interim dividends
• The requirements of Article 480-2
• Affiliated undertakings and participating interests
• Audit by "Réviseurs d’entreprises"
• The SPF regime
• Participation exemption
• Voluntary liquidation of a Luxembourg company

At the end of the training, the participants will receive a certificate of participation delivered by the House of Training.