Groups - Accounting Issues and Reorganisations

This course provides a refresher of the key requirements for preparing group accounts, together with common issues arising and an overview of the accounting issues when dealing with group reorganisations.

Content will include:

• Companies Act 2006 requirements for the preparation of group accounts
• Exemptions and exclusions from group accounts
• Determining investment status – including the treatment of subsidiaries, associates and joint ventures in both the entity and group accounts
• Acquisition accounting – dealing with the consolidation adjustments
• Recent accounting changes for groups – including piecemeal acquisition
• Non-controlling interests and the problem of subsidiaries with net liabilities
• Disposals of interests in subsidiaries
• Cash flow statements
• Group reorganisations including setting up a new top holding company