This course can be delivered to your organisation as part of our bespoke Corporate Training Solutions, at your own time and your own convenience. Contact us on kla@kpmg.com.mt or call us on +356 2563 6363 or on +356 9963 6363 for more information on how we can take care of your organisation’s training needs.

Course Description:

During this 4 hour session the presenter will give a brief refresher of the main requirements in IFRS applicable to accounting for business combinations, more specifically:

• The new definition of a ‘Business’ in terms of IFRS 3
• The Purchase Price Allocation (PPA) process under that standard
• The implications of IAS 38 to a business combination

Participants will have the opportunity to prepare consolidation workings (together with the presenter using an excel consolidation template) for a gaming group which comprises a parent with subsidiaries, an associate and a joint venture. The case study will go into the fundamentals of one-tier group consolidations of subsidiaries under direct control, equity accounting, elimination of intra-group balances and transactions and will delve into the most common adjustments arising upon business combinations including:

• Recognition and measurements of identifiable assets and liabilities;
• Subsequent measurement of recognition and measurement adjustments;
• Non-controlling interests;
• Deferred taxes; and
• Goodwill

Target Audience:

Professional Accountants in Business (Financial Controllers and Group Accountants).

Learning Outcomes:

By the end of this course participants will have a robust understanding on how to prepare consolidation workings for groups of different sizes and situations.

Prerequisites:

This course is aimed at accountants with some knowledge of group consolidations.

Venue: Kindly contact us on kla@kpmg.com.mt to indicate your preferred training method; online or in-person.

CPE Hours: This course qualifies for 4 hours of Structured CPE which can be classified as Core Competency. A certificate of attendance will be provided at the end of each session.

Trainer:

Jonathan Dingli, Partner, Head of Advisory, KPMG in Malta

Jonathan is Head of Advisory Services at KPMG in Malta. He co-leads the Corporate Accounting Advisory Services (CAAS) practice and leads both the KPMG Learning Academy and the firm’s ESG Reporting service line in Malta.

He has over 22 years of experience in the accountancy profession, complemented by 18 years of lecturing experience. Jonathan holds a Bachelor of Accountancy (Hons.) degree, awarded cum laude, from the University of Malta. He began his career within the audit function of KPMG before being appointed as the first Technical Officer of the Malta Institute of Accountants (MIA), later becoming its first Technical Director.

In 2012, Jonathan re-joined KPMG to establish the Accounting Advisory team. In his role as an IFRS specialist, he has advised a wide range of local and international clients on complex financial reporting matters, supporting them in achieving compliance with International Financial Reporting Standards (IFRS).

He subsequently assumed leadership of the firm’s training arm, the KPMG Learning Academy, and currently serves as KPMG Malta’s ESG Reporting Lead, assisting organisations in meeting the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS).

Jonathan completed his PhD studies in 2021 and lectures in advanced financial reporting to Master of Accountancy students at the University of Malta. He is an elected member of the Council of the Malta Institute of Accountants and currently serves as its President.

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Terms and conditions.