When one company acquires or merges with another, the accounting work does not get simpler — it gets far more demanding. Assets and liabilities have to be re-valued, profits and retained earnings from before and after the deal have to be separated correctly, and the resulting consolidated statements have to satisfy auditors working under IFRS, US GAAP, or both at once.

This Business Combination Accounting and Consolidated Financial Statements course from the Arab British Fellowship Training Academy equips participants to handle that complexity with confidence. It covers how to value combined assets and liabilities, build consolidated statements correctly, account for post-combination profit and restructuring, and produce financial reports that hold up under international standards.

Who Should Attend?

• Accountants and financial auditors.
• Accounting and financial reporting managers.
• Specialists managing accounting operations after acquisitions and business combinations.
• Accountants deepening their knowledge of consolidated statements and business combinations.
• Financial experts working within multinational companies.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Apply advanced accounting concepts specific to business combinations.
• Prepare consolidated financial statements correctly under international standards.
• Identify and value the assets and liabilities involved in an acquisition.
• Consolidate financial statements across different combined businesses.
• Resolve the accounting challenges that arise during combination and consolidated reporting.

Module 1: Business Combinations 101

• How business combination accounting has evolved and why it matters today
• Why consolidated financial statements exist and who relies on them
• The basic accounting principles underlying any business combination

Module 2: The Standards That Govern the Work

• How IFRS treats business combinations
• How US GAAP treats business combinations
• Key differences between international and local accounting standards

Module 3: Valuing What You’re Combining

• Evaluating the assets brought into a combination
• Identifying and measuring combined liabilities
• Handling assets and liabilities that must be excluded from consolidation

Module 4: Building the Consolidated Statements

• The phases financial data goes through during consolidation
• Merging accounting procedures across the combined entities
• Common challenges that surface while consolidating statements

Module 5: Profit, Loss, and Retained Earnings After the Merger

• Measuring and distributing profit and loss in merged companies
• The accounting challenges specific to post-combination profit distribution
• Preparing consolidated retained earnings statements, including deferred contributions and profits

Module 6: Restructuring and Capital Structure Shifts

• Estimating restructuring costs after a combination
• Identifying restructuring liabilities in the financial reports
• Analyzing changes in capital structure and classifying the merged business financially

Module 7: Making Sense of Acquisitions

• Analyzing acquisition operations in accounting terms
• Working through the accounting challenges specific to acquisitions

Module 8: Reporting Financial Performance After Combination

• Preparing consolidated financial performance reports
• Analyzing the financial impact of the business combination
• Overcoming the challenges of preparing consolidated financial reports

Module 9: Final Review, Governance and Disclosure

• Reviewing and analyzing final consolidated reports
• Financial management and organization within merged projects
• Preparing final financial statements and required disclosures