How long does the training course last?

14,00 hours(s)

In which language(s) is the training course taught?

When will the next session take place?

02.12.2026

See details

Where does the training course take place?

Luxembourg

How much does the training course cost?

505,00€

Who is organising this training course?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

What are the prerequisites?

No consolidation knowledge required. A solid accounting knowledge is a must.

What are the aims or the skills being targeted?

At the end of the training, the participants will be able to:

describe what consolidation is and when it has to be performed
explain the term "control" and identify whether it exists or not in various business combinations
prepare a consolidated balance sheet and profit or loss account for a basic group of companies with goodwill, fair value adjustments, non-controlling interest, and other consolidation adjustments

What does the training course cover?

Introduction to consolidated accounts (subsidiaries, associates, investments)
Consolidation – the procedure
Consolidated statement of financial position
Eliminating the investment
- Eliminating intercompany balances
- Goodwill
- Pre-acquisition profits
- Fair value adjustments
- Non-controlling interest
- Intra-group trading
- Acquisitions part way through the year
Consolidated statement of profit or loss
- Non-controlling interest
- Intra-group trading
- Acquisitions part way through the year
Foreign operations