Accounting Policies and Procedures
Next: 16 - 20 Nov 2026 · Istanbul
Istanbul, Vienna, Geneva +4 more
Professional training course · AF-045
Consolidated Financial Statements
Groups must combine the results of parents, subsidiaries, joint ventures and associates into consolidated financial statements. Consolidation involves complex…
- 5 daysClassroom
- 14Upcoming dates
- 6Cities
- £2,840Fees from
Course overview
Why Attend
Groups must combine the results of parents, subsidiaries, joint ventures and associates into consolidated financial statements. Consolidation involves complex eliminations and judgements.
This LLMI course covers control under IFRS 10, consolidation procedures, goodwill and non-controlling interests, intragroup eliminations, foreign subsidiaries, associates and joint ventures, changes in ownership and consolidation processes. Participants prepare consolidated statements.
Course Objectives
Assess control under IFRS 10
Perform consolidation procedures
Account for goodwill and non-controlling interests
Eliminate intragroup balances and transactions
Consolidate foreign subsidiaries
Account for associates, joint ventures and ownership changes
Target Audience
Group accountants
Financial controllers
Consolidation specialists
Auditors
Finance managers
IFRS reporting staff
Course Methodology
Worked consolidations
Spreadsheet labs
Case studies
Group discussions
Reviews
Course outline
-
1Day 1: Control and Group Structures
- Control assessment
- Group structures
- Scope
- Reporting dates
- Exercise: Control analysis
-
2Day 2: Consolidation Basics
- Consolidation process
- Goodwill
- Non-controlling interests
- Fair value adjustments
- Lab: Simple consolidation
-
3Day 3: Eliminations
- Intragroup balances
- Unrealised profits
- Dividends
- Intragroup loans
- Exercise: Eliminations
-
4Day 4: Foreign Operations and Associates
- Foreign currency translation
- Associates
- Joint ventures
- Equity method
- Case study: Multinational group
-
5Day 5: Ownership Changes and Process
- Acquisitions and disposals
- Step acquisitions
- Consolidation process
- Systems and controls
- Capstone: Group consolidation
Dates and fees
Questions
Frequently asked questions
How long is the Consolidated Financial Statements course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Consolidated Financial Statements course?
The next public date is 16 - 20 Nov 2026 in Frankfurt. There are 14 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Frankfurt, Rome, Cape Town, Barcelona, Paris, Vienna.
How much does the course cost?
Fees start from £2,840 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
Related
More Accounting and Finance courses
Accounts Payable: Accounting and Management Best Practices
Next: 16 - 20 Nov 2026 · Rome
Rome, Munich, Barcelona +2 more
Activity-Based Costing and Profitability Analysis
Next: 7 - 11 Dec 2026 · Frankfurt
Frankfurt, London, Barcelona +9 more