Accounting for Groups

The preparation of consolidated financial statements is a challenging task for accountants working in professional practice and industry. This seminar will provide a comprehensive refresher on the mechanics and deal with a range of practical issues faced by accountants preparing group financial statements under UK GAAP.

Topics covered include:

• Determining group status and when consolidated accounts are needed
• Refresher on essential consolidation journals
• Group reorganisations – common scenarios and how to account for them
• Frequently asked questions on goodwill
• How to account for associates and joint ventures
• Common disclosure issues and how to tackle them