Consolidation, Business Combinations and Investment Accounting |Smart

Overview

Why Attend

Organizations are getting into increasingly complex business transactions. Business combinations and forming strategic partnerships and alliances are becoming the norm for many organizations. Additionally, treasury departments are making daily decisions to invest available funds in order to maximize the return on investments.

Accounting and finance professionals have to be ready to help management understand the effects of recording such transactions on company's financials. This course discusses the accounting treatment for these transactions and highlights the most recent standards updates in these matters.

Course Methodology

The course focuses on individual and group exercises, case studies and presentations.

Course Objectives

By the end of the course, participants will be able to:

Identify different types of financial instruments and the accounting methods for each
Appraise investment transactions according to equity method
Apply the acquisition method for business combinations
Recognize the process of consolidating financial statements
Properly account for intercompany asset transactions and eliminations

Target Audience

Financial managers and controllers, accounting managers, senior accountants, financial analysts, investment accountants, general ledger accountants, financial assistants, and any professional involved in accounting for business combinations and consolidations and professionals who wish to understand accounting for financial instruments.

Target Competencies

Accounting for equity and debt securities
Consolidating Financial statements
Accounting according to equity method
Accounting for non controlling interest
Accounting for goodwill

Course Outline

Financial instruments
- Categories of investments
- Presentation of financial instruments
- Classification of instruments:
  - Held-To-Maturity (HTM) debt securities
  - Trading Securities (TS)
  - Available-For-Sale securities (AFS)
  - Fair value through profit and loss option
- Determining fair value
- Initial and subsequent measurement
- Reclassification and transfer between categories
- Constraints on reclassifications
- Impairment of financial assets carried at amortized cost
- Impairment of financial assets carried at fair value
- Impairment of financial assets carried at cost
- Accounting for sales of financial instruments
- The recent accounting updates according to IFRS 9
Investments in associates
- Accounting based on the equity method
- Situations when cost method is applicable
- Differences in fiscal year
- Intercompany transactions between investor and investee
- Prtial sale/dditional purchase of equity investment
- Change in level of ownership or degree of influence
- Accounting for impairment
Accounting for business combinations
- Defining a qualifying business
- Structures of business combinations
- Defining 'control'
- Steps in applying the acquisition method
- Identifying the acquirer
- Recognizing and measuring non-controlling interest
- Measuring the consideration transferred
- Recognizing and measuring goodwill or gain from a bargain purchase
- Acquisition related costs
Consolidated financial statements
- Consolidation procedures
- Investment accounting
- Different methods in subsequent consolidation
- Accounting for goodwill
- Impairment of goodwill
Post combination measurement and accounting
- Intercompany asset transactions
- Changes in ownership interest without loss of control
- Changes in ownership interest resulting in loss of control
- Reacquired rights
- Contingent liabilities recognized at acquisition date
- Indemnification of assets
- Contingent consideration

Schedule & Fees

2026 Schedule & Fees

18 - 22 Oct, 2026

English

Per participant USD 2,900

18 - 22 Oct, 2026

Arabic

Per participant USD 2,900

6 - 10 Dec, 2026

English

Per participant USD 2,900

6 - 10 Dec, 2026

Arabic

Per participant USD 2,900

2027 Schedule & Fees

17 - 21 Jan, 2027

English

Per participant USD 2,900

17 - 21 Jan, 2027

Arabic

Per participant USD 2,900

7 - 11 Mar, 2027

English

Per participant USD 2,900

7 - 11 Mar, 2027

Arabic

Per participant USD 2,900

18 - 22 Apr, 2027

English

Per participant USD 2,900

18 - 22 Apr, 2027

Arabic

Per participant USD 2,900

6 - 10 Jun, 2027

English

Per participant USD 2,900

6 - 10 Jun, 2027

Arabic

Per participant USD 2,900

18 - 22 Jul, 2027

English

Per participant USD 2,900

18 - 22 Jul, 2027

Arabic

Per participant USD 2,900

5 - 9 Sep, 2027

English

Per participant USD 2,900

5 - 9 Sep, 2027

Arabic

Per participant USD 2,900

17 - 21 Oct, 2027

English

Per participant USD 2,900

17 - 21 Oct, 2027

Arabic

Per participant USD 2,900

5 - 9 Dec, 2027

English

Per participant USD 2,900

5 - 9 Dec, 2027

Arabic

Per participant USD 2,900