Groups and Consolidations – The Basics (Mar 24)
Category: Financial Reporting | Duration: 2hrs | Tag: VODFRCOIE24D1S2 | Type: Video | Course Level: Intermediate | Speaker: Lindsay Webber, Elaine Jackson | Date: 05/03/2024 12:10
Course Details
In 2018, the Companies Accounting Act 2017 resulted in a lower threshold for consolidation for groups, meaning more Irish companies now being required to prepare consolidated financial statements than before.
Several years on, consolidated financial statements continue to present a unique challenge for practitioners and this webinar will take you through some of the key issues encountered in preparing consolidated accounts.
The case study takes you, step-by-step, through the process you need to follow to consolidate small groups.
The areas of focus includes:
- Consolidation basics & the requirement to consolidate.
- Consolidation case study
- Common errors on consolidation
- Review of live consolidated accounts
CPD Course Speaker
OmniPro Strategic Solutions
Lindsay Webber
As a head of Strategic Solutions at OmniPro, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training and technical assistance in audit and financial reporting.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.
OmniPro
Elaine Jackson
Today we are joined by Elaine Jackson, Director of Audit and Compliance at Michael Power
Accountants, specialising in Audit, Debt Review/Restructuring and Compliance. Michael Power
Accountants provide Audit, Accountancy, Tax and Financial Advisory Services to businesses across
Munster, operating from our offices in Tipperary Town and Clonmel.
Many of you will already know Elaine. Elaine has previously worked with OmniPro as Head of the
Accountants Resource Centre and was also a member of OmniPro’s Practice Support team