This module covers the accounting for business combinations under the current standard IFRS 3.
As well as reviewing the fundamentals of accounting for business investments, such as associate
and joint ventures, delegates will be invited to carry out a detailed review of merger accounting
and specifically the issues surrounding acquisition accounting of subsidiaries in consolidate
accounts in M&A transactions.

Our accounting for mergers and acquisitions training course will include detailed case studies and
calculations using the full goodwill method, including analysis of non-controlling interests and pre-
existing stakes in acquired companies.

A full analysis of fair value accounting and its impact on post-merger accounts will also be
explored, together with a review of current equity analysts’ practices regarding amortisation of
acquisition intangibles. We will also cover current rules regarding the accounting treatment of
and tax deductibility of the different types of transaction expenses.


Course Objectives

At the end of this mergers and acquisitions training workshop, delegates will understand:

  • The accounting alternatives for the presentation of non-controlling stakes and joint
    ventures in consolidated accounts
  • The full goodwill method and the treatment of non-controlling interests at the target and
    existing stakes in the target
  • Fair value adjustments, the analytical challenges of pre-empting the results of a purchase
    price allocation exercise, and the market’s approach to adjusting for the amortisation of
    acquisition intangibles


Who should attend?

  • Finance and accounting
  • Fund management
  • Trainee equity analysis
  • Investments
  • Trainee credit analysis
  • Legal and compliance
  • HR and training
  • Risk management