Key words
Consolidation
Objectives
- The student should understand what consolidation is, when it is to occur and how.
- He knows the definitions used by the Law of 6 March 1990 on the consolidated accounts.
- He knows the methods and principles of consolidation.
- He may analyse cases that enable him to put theory into practice.
- He is able to fill in the consolidated balance sheet and income statement, considering the eliminations of intra group transactions.
Topics
- Legislation: application of regulations, basic definitions, kinds of affiliations, obligation of consolidation, participating interests, control, calculating power of control, consolidated aggregate,…
- General principles and valuation rules concerning the consolidated financial statements
- Consolidation methods: full consolidation, proportional consolidation, equity method
- Publication and audit of the consolidated financial statements and notes.
Prerequisites
General bookkeeping
Final Objectives
Materials used
Teachers' course
Textbook
Study costs
Textbook: market price
Syllabus: unit price determined under hogeschool rules.
Study guidance
Lecturer is available for questions.
Teaching Methods
Lectures - Case-studies - exercises
Assessment
- First exam session: 100 % written exam
- Second exam session: 100 % written exam
- Examination Board Flemish Community (ditto regular student)
Lecturer(s)
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