Consolidations & Business Combinations – 28 May 2020

Full consolidation is required by IFRS 10 ‘Consolidated Financial Statements’ when an entity (the investor) controls another entity (the investee). An investor controls an investee when the investor is exposed, or has rights, to variable returns from involvement with the investee, whilst being able to affect those returns through power over the investee. The seminar shall tackle the main techniques required in order to consolidate in accordance with IFRS 10.

 IFRS 3 ‘Business Combinations’ applies to transactions or other events in which an acquirer obtains control of one or more businesses. As this seminar shall illustrate, the purchase of a business is not necessarily the same as the purchase of a company, whereby the best indicator of control is the percentage of shares held. Rather, in certain situations, what may seem like the purchase of an asset or assets, is actually the purchase of a business, and important accounting implications kick in.

 In order to better illustrate the principles for consolidations and business combinations, the seminar will be delivered using a number of case studies.

Instructed by: Paul Zammit. in:

Seminar Description

Full consolidation is required by IFRS 10 ‘Consolidated Financial Statements’ when an entity (the investor) controls another entity (the investee). An investor controls an investee when the investor is exposed, or has rights, to variable returns from involvement with the investee, whilst being able to affect those returns through power over the investee. The seminar shall tackle the main techniques required in order to consolidate in accordance with IFRS 10.

 IFRS 3 ‘Business Combinations’ applies to transactions or other events in which an acquirer obtains control of one or more businesses. As this seminar shall illustrate, the purchase of a business is not necessarily the same as the purchase of a company, whereby the best indicator of control is the percentage of shares held. Rather, in certain situations, what may seem like the purchase of an asset or assets, is actually the purchase of a business, and important accounting implications kick in.

 In order to better illustrate the principles for consolidations and business combinations, the seminar will be delivered using a number of case studies.

CPE

Qualifies for 3 CPE CORE hours under the core competency area.

Course Fee

The course fee is €45 for Member and €50 for Non-Members. The fee covers seminar participation, coffee break and access to event resources.

A receipt will be issued to all participants.

Parking facilities

Ample parking is also available close to the venue.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com        Webpage: www.skillsmalta.com

Programme

Thursday 28 May

08.45 – 09.00 Registration

09.00 – 10.30 Consolidations & Business Combinations

10.30 – 11.00 Coffee Break

11.00- 12.00 Consolidations & Business Combinations

12.00 – 12.15 Conclusion

About Speaker