Consolidation, IFRS Updates and other
Venue Hennessey Hotel Ebene
Date 25th and 26th of April 2023
Time 09:00 to 16:00
Information Topics:

1. Multi-company (Complex) Structures

In this session we will look at the requirements under IFRS 3 and IFRS 10 with respect to the following aspects:
i i. A quick overview of the
ii • definition of a business and the concentration test under IFRS 3
iii • acquisition method under IFRS 3
iv • the key techniques for consolidation
v • the control concept

i ii. Basic techniques for consolidation under a simple structure before elaborating on a complex structure.

i iii. The accounting for multi-company (complex) structures in respect of the following:

a. a. The vertical structure under IFRS 10
b. • An analysis of the percentage holding relating to the Parent and the Non-Controlling interests (NCI)
c. • The net assets as acquisition date/reporting date and post-acquisition reserves under working 2
d. • The calculation of goodwill under (a) the proportion of net assets method and (b) the full goodwill method
e. • The determination of non-controlling interests
f. • The calculation of the group (consolidated) reserves.

a. b. The mixed structure under IFRS 10 with the same accounting implications as (iii)(a)

1 iv. The determination of the effective date when a sub-subsidiary comes under the control of the Parent.

2. IFRSs Updates

• IAS 12 – Income Taxes
• Amendments to IAS 8 -Accounting Policies, Changes relating to Accounting Estimates
• The ‘2020 v 2022’ amendments relating to IAS 1 on “Non-current liabilities” with Covenants.
• Agenda decision
• Proposed amendments to IFRS 10 and IAS 28
• Proposed amendments to IAS 28
• The interaction of green/sustainable finance (ESG) and the ‘SPPI-test’ under IFRS 9

3. Understanding sustainability and the 6 capitals

• Understanding ESG (Environmental, Social and Governance) as a whole and the 6 capitals
• Understanding your organisations value chain
• Addressing the 6 capitals withing your organizations value chain with a focus on human capital
CPD Units 14 units on full attendance
Seats Left 70
Price Rs 17000
Booking Deadline
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