Consolidated Financial Statements Under IFRS & IAS Training Diploma
An advanced 24-hour training diploma detailing the preparation of consolidated and separate financial statements under IFRS 3, 10, 11, 13 and IAS 27, 28. Master business combinations, equity methods, and fair value measurement.
Why is this course included in American Board pathways?
Group consolidation is one of the most complex areas of corporate accounting; this targeted program is essential for preventing material misstatements during corporate mergers.
Trust summary
- Clearly stated duration: 24 Training Hours (8 Lectures) hours.
- Credential stated: Consolidated Financial Statements Under IFRS & IAS Training Diploma.
- Delivery mode: Online.
- Curriculum and modules are displayed on this page.
Search intents covered by this course
How should you choose this course?
Choose this course when you need practical understanding, clear professional requirements, and a structured learning path instead of fragmented information.
When is this type of training useful?
It is useful when entering the field, developing your professional role, or preparing a team that needs a shared understanding of standards and practical steps.
Supporting links and resources
An advanced 24-hour training diploma detailing the preparation of consolidated and separate financial statements under IFRS 3, 10, 11, 13 and IAS 27, 28. Master business combinations, equity methods, and fair value measurement.
How do holding companies prepare consolidated financial statements according to IFRS?
Holding companies prepare consolidated financial statements by applying IFRS 10 to combine the assets, liabilities, equity, income, and cash flows of the parent and its subsidiaries. They must eliminate intra-group balances, measure fair values under IFRS 13, account for business combinations (goodwill) using IFRS 3, and record investments in associates using the equity method outlined in IAS 28.
Quick answers about Consolidated Financial Statements Under IFRS & IAS Training Diploma
What is this course?
Holding companies prepare consolidated financial statements by applying IFRS 10 to combine the assets, liabilities, equity, income, and cash flows of the parent and its subsidiaries. They must eliminate intra-group balances, measure fair values under IFRS 13, account for business combinations (goodwill) using IFRS 3, and record investments in associates using the equity method outlined in IAS 28.
Who is this course for?
Chief Financial Officers (CFOs) and Financial Controllers of holding companies.
Senior Accountants and Group Finance Managers.
External and Internal Auditors evaluating group structures.
Investment Analysts assessing M&A activities.
Professionals seeking roles within multinational corporations.
What will you learn?
Apply the requirements of IFRS 3 for business combinations, including gradual mergers and goodwill.
Prepare separate financial statements for parent companies according to IAS 27.
Execute the accounting procedures required to consolidate group financial statements under IFRS 10.
Implement the equity method for investments in associates and joint ventures (IAS 28).
Analyze and disclose joint arrangements properly under IFRS 11.
Measure the fair value of financial and non-financial assets using the market, cost, and income approaches (IFRS 13).
What is the expected outcome?
Clarity on calculating and presenting the rights of non-controlling interests (NCI).
Technical steps to address a parent company's change in ownership percentage of a subsidiary.
Methods for treating accounting losses when they exceed the investment account balance.
Understanding the hierarchy and exact bases for measuring Fair Value at initial recognition.
12 months of free access to interactive recorded virtual lectures.
Is this course suitable for beginners?
No, this is an advanced accounting course. It requires prior experience with standard financial statement preparation.
Why American Board?
Ensures total regulatory compliance for holding companies and economic groups.
Demystifies complex accounting treatments like negative goodwill and impairment losses.
Standardizes group reporting procedures to support executive decision-making.
Protects organizations from financial misstatements during high-stakes mergers and acquisitions.
Highly sought-after skill set that drives career advancement in global corporate finance.
Is a credential available?
Participants earn this advanced diploma credential upon completing a minimum of 75% of the total 24 training hours and actively participating in the lecturer's practical case studies.
Quick summary
- Clarity on calculating and presenting the rights of non-controlling interests (NCI).
- Technical steps to address a parent company's change in ownership percentage of a subsidiary.
- Methods for treating accounting losses when they exceed the investment account balance.
- Understanding the hierarchy and exact bases for measuring Fair Value at initial recognition.
- 12 months of free access to interactive recorded virtual lectures.
Problems this course helps you solve
- Confusion over when to use the equity method versus full consolidation.
- Errors in eliminating intercompany transactions and balancing group accounts.
- Inability to accurately calculate goodwill or recognize impairment losses during an acquisition.
- Lack of clarity regarding disclosure requirements for joint arrangements and subsidiaries.
- Challenges in applying fair value metrics to non-financial assets during corporate mergers.
Other common names: Advanced Group Accounting and Consolidation Course، IFRS & IAS Corporate Reporting Diploma، Mergers & Acquisitions Accounting Training
About Consolidated Financial Statements Under IFRS & IAS Training Diploma
Holding companies prepare consolidated financial statements by applying IFRS 10 to combine the assets, liabilities, equity, income, and cash flows of the parent and its subsidiaries. They must eliminate intra-group balances, measure fair values under IFRS 13, account for business combinations (goodwill) using IFRS 3, and record investments in associates using the equity method outlined in IAS 28.
Why is Consolidated Financial Statements Under IFRS & IAS Training Diploma important?
Ensures total regulatory compliance for holding companies and economic groups.
Demystifies complex accounting treatments like negative goodwill and impairment losses.
Standardizes group reporting procedures to support executive decision-making.
Protects organizations from financial misstatements during high-stakes mergers and acquisitions.
Highly sought-after skill set that drives career advancement in global corporate finance.
What will you learn in Consolidated Financial Statements Under IFRS & IAS Training Diploma؟
- Apply the requirements of IFRS 3 for business combinations, including gradual mergers and goodwill.
- Prepare separate financial statements for parent companies according to IAS 27.
- Execute the accounting procedures required to consolidate group financial statements under IFRS 10.
- Implement the equity method for investments in associates and joint ventures (IAS 28).
- Analyze and disclose joint arrangements properly under IFRS 11.
- Measure the fair value of financial and non-financial assets using the market, cost, and income approaches (IFRS 13).
Outcomes of Consolidated Financial Statements Under IFRS & IAS Training Diploma
- Apply the requirements of IFRS 3 for business combinations, including gradual mergers and goodwill.
- Prepare separate financial statements for parent companies according to IAS 27.
- Execute the accounting procedures required to consolidate group financial statements under IFRS 10.
- Implement the equity method for investments in associates and joint ventures (IAS 28).
- Analyze and disclose joint arrangements properly under IFRS 11.
- Measure the fair value of financial and non-financial assets using the market, cost, and income approaches (IFRS 13).
Structure of Consolidated Financial Statements Under IFRS & IAS Training Diploma
- IFRS 3 (Business Combinations)
Objectives, scope, handling integration expenses, positive/negative goodwill, gradual mergers, and non-controlling parties. - IAS 27 (Separate Financial Statements)
Accounting for investments in subsidiaries/associates, realized returns, and required separate disclosures. - IFRS 10 (Consolidated Financial Statements)
Consolidation procedures, ownership percentage changes, loss of control, and post-acquisition reporting. - IAS 28 (Associates & Joint Ventures)
The equity method, recognizing investment changes, handling impairment losses, and excess loss treatment. - IFRS 11 (Joint Arrangements)
Types of joint arrangements, differences, accounting for joint operating transactions, and disclosures. - IFRS 13 (Fair Value Measurement)
Fair value concepts, the fair value hierarchy, and valuation approaches (market, cost, income).
Modules of Consolidated Financial Statements Under IFRS & IAS Training Diploma
- IFRS 3 (Business Combinations) | Objectives, scope, handling integration expenses, positive/negative goodwill, gradual mergers, and non-controlling parties.
- IAS 27 (Separate Financial Statements) | Accounting for investments in subsidiaries/associates, realized returns, and required separate disclosures.
- IFRS 10 (Consolidated Financial Statements) | Consolidation procedures, ownership percentage changes, loss of control, and post-acquisition reporting.
- IAS 28 (Associates & Joint Ventures) | The equity method, recognizing investment changes, handling impairment losses, and excess loss treatment.
- IFRS 11 (Joint Arrangements) | Types of joint arrangements, differences, accounting for joint operating transactions, and disclosures.
- IFRS 13 (Fair Value Measurement) | Fair value concepts, the fair value hierarchy, and valuation approaches (market, cost, income).
Target audience for Consolidated Financial Statements Under IFRS & IAS Training Diploma
Corporate Accountants
Auditors
Financial Controllers
Target countries and study availability
Target countries: Global (IFRS is adopted by over 140 jurisdictions worldwide)
Available online outside Egypt: Yes
Available globally online; highly relevant for any professional working in a jurisdiction that mandates or permits IFRS for group reporting.
Prerequisites
- A strong foundation in general financial accounting and prior experience preparing standard financial statements.
- Familiarity with basic corporate structures and equity principles.
Projects and practical work
- M&A Consolidation Workshop: Building a consolidated balance sheet from scratch for a parent company acquiring a 75% stake in a subsidiary, calculating NCI and goodwill.
- Fair Value Assessment Task: Applying the market and income approaches to determine the fair value of a newly acquired non-financial asset under IFRS 13.
- Impairment and Equity Method Simulation: Adjusting the investment accounts for a joint venture experiencing severe operational losses that exceed the initial investment value.
Tools and software used
- IFRS Conceptual Framework
- Consolidation Worksheets and Elimination Entries
- The Equity Method
- Fair Value Hierarchy (Level 1, 2, 3 inputs)
Related jobs and skills after the course
- Group Financial Controller
- Consolidation Accountant
- Director of Financial Reporting
- M&A Finance Manager
- Senior Auditor
Benefits of learning with American Board
- Clarity on calculating and presenting the rights of non-controlling interests (NCI).
- Technical steps to address a parent company's change in ownership percentage of a subsidiary.
- Methods for treating accounting losses when they exceed the investment account balance.
- Understanding the hierarchy and exact bases for measuring Fair Value at initial recognition.
- 12 months of free access to interactive recorded virtual lectures.
Study details
| Delivery mode | Online |
|---|---|
| Course language | English |
| International pricing note | The final price ($280 USD) covers all advanced technical instruction, worksheet materials, and international accreditation processing. |
| Duration | 24 Training Hours (8 Lectures) hours |
| In-person location | General |
| Credential | Consolidated Financial Statements Under IFRS & IAS Training Diploma |
| Credential type | Professional Training Diploma |
| Accrediting body | American Board for Professional Training |
| Credential or accreditation body type | Professional Diploma |
| Official accrediting body name | American Board for Professional Training |
| Accreditation reference | Open reference |
| Credential and issuer clarification | Participants earn this advanced diploma credential upon completing a minimum of 75% of the total 24 training hours and actively participating in the lecturer's practical case studies. |
| Training assistant or coordinator | American Board Admissions Team |
| What the price includes | Virtual lecture access, consolidation templates, practical case studies, professional certification, and 12-month archive access. |
| Additional fees | Hotel hall booking fees apply only if attending on-site training outside the main academy headquarters. |
| Price | 280 USD |
Why might American Board be a suitable choice for Consolidated Financial Statements Under IFRS & IAS Training Diploma؟
Group consolidation is one of the most complex areas of corporate accounting; this targeted program is essential for preventing material misstatements during corporate mergers.
Links related to Consolidated Financial Statements Under IFRS & IAS Training Diploma
Supporting articles about Consolidated Financial Statements Under IFRS & IAS Training Diploma
Related questions about Consolidated Financial Statements Under IFRS & IAS Training Diploma
Is this course updated with the latest IFRS amendments?
Yes, the curriculum strictly follows the current active frameworks for IFRS 3, 10, 11, 13 and IAS 27, 28.
Does this course cover how to physically do the consolidation in Excel?
Yes, the practical workshops demonstrate the elimination entries and consolidation worksheets required to merge the statements mathematically.
What is the difference between IAS 27 and IFRS 10?
IAS 27 deals specifically with how a parent company accounts for subsidiaries in its own separate financial statements, while IFRS 10 dictates how to prepare the consolidated statements of the entire group.
Can I watch missed sessions?
All virtual classrooms are recorded and securely logged for registered candidates to review for up to 12 months following the program's conclusion.
What are the requirements for the official certificate?
You must maintain a 75% attendance rate and actively participate in the live virtual interactive sessions.
Frequently asked questions about Consolidated Financial Statements Under IFRS & IAS Training Diploma
Is this course updated with the latest IFRS amendments?
Yes, the curriculum strictly follows the current active frameworks for IFRS 3, 10, 11, 13 and IAS 27, 28.
Does this course cover how to physically do the consolidation in Excel?
Yes, the practical workshops demonstrate the elimination entries and consolidation worksheets required to merge the statements mathematically.
What is the difference between IAS 27 and IFRS 10?
IAS 27 deals specifically with how a parent company accounts for subsidiaries in its own separate financial statements, while IFRS 10 dictates how to prepare the consolidated statements of the entire group.
Can I watch missed sessions?
All virtual classrooms are recorded and securely logged for registered candidates to review for up to 12 months following the program's conclusion.
What are the requirements for the official certificate?
You must maintain a 75% attendance rate and actively participate in the live virtual interactive sessions.
Find other American Board courses
Use course search to find diplomas and courses in the same field or related skill areas.
Course highlights
What this course is
A 24-hour advanced diploma training accountants to prepare consolidated financial statements for economic groups and holding companies in accordance with IFRS and IAS standards.
Who it is for
Senior accountants, group financial controllers, CFOs, and auditors managing or reviewing multinational corporate finances.
What you will learn
How to calculate goodwill in business combinations, apply the equity method, manage non-controlling interests, and measure fair values.
Expected outcome
The technical capability to independently consolidate group financial reports and an American Board professional training diploma.
Beginner suitability
No, this is an advanced accounting course. It requires prior experience with standard financial statement preparation.
Why American Board
American Board accreditation signals that your consolidation skills meet rigorous, globally recognized financial reporting standards.
Certificate summary
Graduates earn the "Consolidated Financial Statements Under IFRS & IAS Training Diploma" upon achieving 75% attendance and active participation.
Is this course right for you?
Course benefits
- Accredited professional diploma from the American Board.
- Highly practical focus on elimination entries and corporate consolidation worksheets.
- In-depth coverage of six distinct, interrelated IFRS/IAS standards.
- 12 months of free access to recorded interactive virtual lectures.
Target audience
- Corporate Accountants
- Auditors
- Financial Controllers
- Chief Financial Officers (CFOs) and Financial Controllers of holding companies.
- Senior Accountants and Group Finance Managers.
- External and Internal Auditors evaluating group structures.
- Investment Analysts assessing M&A activities.
- Professionals seeking roles within multinational corporations.
Who should choose another path?
Entry-level bookkeepers or individuals seeking basic financial accounting and debits/credits training.
Availability and registration
Available countries and regions
Registration notes by country
Available globally online; highly relevant for any professional working in a jurisdiction that mandates or permits IFRS for group reporting.
Certificate, accreditation and training team
Course schedule and training providers
Choose the provider and venue that best suit you. Fees and availability may differ by intake.
| Country | Training provider | Venue | Fee |
|---|---|---|---|
| Egypt | American Board for Professional Training | General | 280 USD |
Express your interest
Submit your details and the course team will contact you about the schedule you select.
We invite financial controllers, group accountants, and auditors to complete the registration form below. Kindly verify your professional details to ensure proper enrollment in the next cohort and facilitate the issuance of your American Board accredited diploma.