IFRS 10Consolidated Financial Statements

Workpapers

Can you document your analysis and your accounting treatment like a professional? Each mission starts from a real file and ends with a review.

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Numbered sections, like a professional working paper: objective, data, pieces, analysis, calculations, entries, conclusion; then a reviewer reviews.

1Objective
2Data
3Documents
4Analysis
5Calculation
6Entries
7Judgment
8Conclusion
9References

L1Foundation(3)

Foundation
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Ostrel — 60% of the voting rights
Control of an entity: power, substantive and protective rights, variable returns, link, parent exemption and first consolidation eliminations · Situation 1 of 3
≈ 60 min
Foundation
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Pentrix — veto rights
Control of an entity: power, substantive and protective rights, variable returns, link, parent exemption and first consolidation eliminations · Situation 2 of 3
≈ 60 min
Foundation
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Marvane Holding — parent exemption
Control of an entity: power, substantive and protective rights, variable returns, link, parent exemption and first consolidation eliminations · Situation 3 of 3
≈ 60 min

L2Intermediate(5)

Intermediate
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Lorvane Group — parent exemption
Control without a majority, potential voting rights, structured entity and fund manager: principal or agent, reassessment of control · Situation 1 of 5
≈ 60 min
Intermediate
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Haldrin before 30 June 20X6
Control without a majority, potential voting rights, structured entity and fund manager: principal or agent, reassessment of control · Situation 2 of 5
≈ 60 min
Intermediate
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Haldrin after 30 June 20X6
Control without a majority, potential voting rights, structured entity and fund manager: principal or agent, reassessment of control · Situation 3 of 5
≈ 60 min
Intermediate
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Quesnel — option on voting rights
Control without a majority, potential voting rights, structured entity and fund manager: principal or agent, reassessment of control · Situation 4 of 5
≈ 60 min
Intermediate
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Fonds Aster — Lorvane Gestion
Control without a majority, potential voting rights, structured entity and fund manager: principal or agent, reassessment of control · Situation 5 of 5
≈ 60 min

L3Advanced(4)

Advanced
Consolidation and non-controlling interests: intragroup eliminations, unrealised profit in inventory, uniform policies and dates, attribution of profit and deficit balance
Corvane — eliminations and preference shares
Consolidation procedures: harmonisation of policies and dates, intragroup eliminations, unrealised profit, attribution and deficit balance of non-controlling interests · Situation 1 of 2
≈ 75 min
Advanced
Consolidation and non-controlling interests: intragroup eliminations, unrealised profit in inventory, uniform policies and dates, attribution of profit and deficit balance
Dentra — loss and harmonisation
Consolidation procedures: harmonisation of policies and dates, intragroup eliminations, unrealised profit, attribution and deficit balance of non-controlling interests · Situation 2 of 2
≈ 75 min
Advanced
Change in ownership without loss of control: equity transaction, adjustment of non-controlling interests and silences of the standard
Sorvet — purchase from third parties
Change in ownership without loss of control: purchase from third parties and partial sale, difference in equity, silences of the standard on goodwill and other comprehensive income · Situation 1 of 2
≈ 60 min
Advanced
Change in ownership without loss of control: equity transaction, adjustment of non-controlling interests and silences of the standard
Delcour — sale of 10 points
Change in ownership without loss of control: purchase from third parties and partial sale, difference in equity, silences of the standard on goodwill and other comprehensive income · Situation 2 of 2
≈ 60 min

L4Expert(8)

Expert
Loss of control of a subsidiary: derecognition, fair value of the retained interest, gain or loss, other comprehensive income reclassified, multiple arrangements and the retained interest
Sorvane — sale of 50 points
Loss of control with a retained associate (IFRS 10 + IAS 28 interaction): derecognition, fair value of the retained interest, gain, reclassification of other comprehensive income, multiple arrangements and the 2014 amendments · Situation 1 of 2
≈ 75 min
Expert
Loss of control of a subsidiary: derecognition, fair value of the retained interest, gain or loss, other comprehensive income reclassified, multiple arrangements and the retained interest
Fonds Cyrene — sale of 88%
Loss of control with a retained associate (IFRS 10 + IAS 28 interaction): derecognition, fair value of the retained interest, gain, reclassification of other comprehensive income, multiple arrangements and the 2014 amendments · Situation 2 of 2
≈ 75 min
Expert
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Tolvane — votes cast
Group file: control, consolidation and non-controlling interests, change in ownership without loss of control and loss of control with a retained interest (IFRS 10) · Situation 1 of 2
≈ 60 min
Expert
Assessing control of an investee: power, variable returns, link, principal or agent, reassessment, parent exemption and investment entity status
Fonds Marlis — Brelvane Gestion
Group file: control, consolidation and non-controlling interests, change in ownership without loss of control and loss of control with a retained interest (IFRS 10) · Situation 2 of 2
≈ 60 min
Expert
Consolidation and non-controlling interests: intragroup eliminations, unrealised profit in inventory, uniform policies and dates, attribution of profit and deficit balance
Ardoval — eliminations and preference shares
Group file: control, consolidation and non-controlling interests, change in ownership without loss of control and loss of control with a retained interest (IFRS 10) · Situation 1 of 2
≈ 75 min
Expert
Consolidation and non-controlling interests: intragroup eliminations, unrealised profit in inventory, uniform policies and dates, attribution of profit and deficit balance
Brivet — loss and harmonisation
Group file: control, consolidation and non-controlling interests, change in ownership without loss of control and loss of control with a retained interest (IFRS 10) · Situation 2 of 2
≈ 75 min
Expert
Change in ownership without loss of control: equity transaction, adjustment of non-controlling interests and silences of the standard
Group file: control, consolidation and non-controlling interests, change in ownership without loss of control and loss of control with a retained interest (IFRS 10)
≈ 60 min
Expert
Loss of control of a subsidiary: derecognition, fair value of the retained interest, gain or loss, other comprehensive income reclassified, multiple arrangements and the retained interest
Group file: control, consolidation and non-controlling interests, change in ownership without loss of control and loss of control with a retained interest (IFRS 10)
≈ 75 min