Get in touch: 080 4711 2411
Request Demo
Get in touch: 0800 800 123
FINANCE ACCOUNTING   

Advanced Financial Accounting: Acquisitions and Consolidations Training

Become an Expert in Advanced Financial Accounting & Consolidations

Build practical skills in acquisition accounting, business combinations, consolidated financial statements, and intercompany eliminations through real-world case studies and hands-on exercises.

advanced-financial-accounting-acquisitions-and-consolidations-training
Course Overview
  

Course Overview

Business acquisitions, mergers, and corporate restructuring have become integral to modern business growth strategies, making advanced financial accounting a critical competency for finance professionals. Organizations require accurate accounting for business combinations, purchase price allocation, goodwill, non-controlling interests, intercompany transactions, and consolidated financial reporting to ensure compliance with global accounting standards. Professionals who understand acquisition accounting and consolidation principles play a vital role in delivering transparent financial reporting and supporting strategic business decisions.

The Advanced Financial Accounting: Acquisitions and Consolidations Training by myTectra is a comprehensive instructor-led program designed to provide practical expertise in acquisition accounting, business combinations, consolidated financial statements, purchase price allocation (PPA), goodwill accounting, intercompany eliminations, foreign subsidiary reporting, and regulatory compliance. Participants will gain hands-on experience through Excel-based consolidation worksheets, acquisition accounting exercises, real-world corporate case studies, and advanced financial reporting projects aligned with IFRS and GAAP requirements.

Through interactive workshops, practical consolidation exercises, financial reporting simulations, and an end-to-end capstone project, learners will develop the technical expertise required for corporate accounting, financial reporting, audit, consulting, and multinational finance roles.

Course Objectives

Upon successful completion of this training, participants will be able to:

  • Understand advanced financial accounting and business combinations.
  • Apply acquisition accounting using the acquisition method.
  • Perform purchase price allocation and goodwill calculations.
  • Prepare consolidated financial statements for corporate groups.
  • Account for wholly owned and partially owned subsidiaries.
  • Eliminate intercompany transactions and balances accurately.
  • Apply equity method accounting for investments and associates.
  • Consolidate foreign subsidiaries using currency translation methods.
  • Prepare IFRS and GAAP-compliant financial reports.
  • Utilize Microsoft Excel for consolidation and financial reporting.

Prerequisites

Recommended:

  • Strong understanding of financial accounting fundamentals
  • Knowledge of financial statements
  • Familiarity with accounting standards
  • Basic Microsoft Excel skills

Prior experience in financial accounting is recommended.

Target Audience

This course is ideal for:

  • Senior Accountants
  • Corporate Accountants
  • Financial Reporting Professionals
  • Finance Managers
  • Group Accountants
  • Chartered Accountants
  • Audit Professionals
  • Internal Auditors
  • External Auditors
  • Financial Controllers
  • Corporate Finance Professionals
  • MBA Finance Students
  • Financial Analysts
  • Accounting Consultants
  • Professionals managing consolidated financial reporting

Training Methodology

  • Instructor-Led Interactive Sessions
  • Advanced Financial Accounting Workshops
  • Hands-on Consolidation Exercises
  • Microsoft Excel Practical Labs
  • Real-World Acquisition Case Studies
  • Financial Reporting Simulations
  • Group Discussions and Knowledge Sharing
  • Corporate Accounting Projects
  • Capstone Consolidation Project
  • Practical Assessments and Assignments

Tools Covered

  • Microsoft Excel
  • Consolidation Worksheet Templates
  • Purchase Price Allocation (PPA) Models
  • Goodwill Calculation Templates
  • Consolidated Financial Statement Formats
  • Financial Reporting Templates
  • PivotTables and Lookup Functions
  • IFRS and GAAP Reporting Frameworks
  • Financial Analysis Worksheets
  • Audit and Compliance Documentation Templates

Key Benefits

  • Master acquisition accounting with practical consolidation exercises.
  • Build expertise in purchase price allocation and goodwill accounting.
  • Prepare accurate consolidated financial statements using best practices.
  • Learn intercompany elimination techniques for corporate reporting.
  • Apply IFRS and GAAP standards in business combination accounting.
  • Strengthen Excel skills for consolidation and financial reporting.
  • Analyze complex corporate structures with advanced accounting methods.
  • Improve financial reporting accuracy for multinational organizations.
  • Gain practical exposure through acquisition and consolidation cases.
  • Develop job-ready skills for advanced corporate accounting roles.
  

Course Outcomes

After completing this course, participants will be able to:

Master acquisition accounting using IFRS and GAAP.
Master acquisition accounting using IFRS and GAAP.
Prepare accurate consolidated financial statements.
Prepare accurate consolidated financial statements.
Apply purchase price allocation and goodwill accounting.
Apply purchase price allocation and goodwill accounting.
Calculate non-controlling interests confidently.
Calculate non-controlling interests confidently.
Eliminate intercompany transactions effectively.
Eliminate intercompany transactions effectively.
Consolidate foreign subsidiaries using currency translation.
Consolidate foreign subsidiaries using currency translation.
Use Excel for financial consolidation and reporting.
Use Excel for financial consolidation and reporting.
Apply IFRS and GAAP to acquisition accounting.
Apply IFRS and GAAP to acquisition accounting.
Analyze group performance through consolidated report.
Analyze group performance through consolidated report.
Build job-ready acquisition & consolidation accounting skills.
Build job-ready acquisition & consolidation accounting skills.
  

Course Outline

Module 1: Introduction to Advanced Financial Accounting

Topics Covered

  • Advanced Financial Accounting Overview
  • Business Combination Concepts
  • Investments in Other Entities
  • Parent and Subsidiary Relationships
  • Types of Business Acquisitions
  • Consolidated Financial Reporting
  • IFRS and GAAP Overview
  • Corporate Group Structures
  • Financial Reporting Objectives
  • Industry Applications

Practical Exercises

  • Analyze corporate ownership structures
  • Identify business combination types
  • Review consolidation concepts
  • Evaluate acquisition scenarios
Module 2: Business Acquisitions and Investment Accounting

Topics Covered

  • Acquisition Accounting Fundamentals
  • Acquisition Method
  • Purchase Consideration
  • Fair Value Measurement
  • Identifiable Assets and Liabilities
  • Goodwill Recognition
  • Bargain Purchase Gains
  • Acquisition Journal Entries
  • Investment Accounting
  • Acquisition Case Studies

Practical Workshops

Prepare:

  • Acquisition entries
  • Purchase consideration calculations
  • Fair value adjustments
  • Goodwill computation
Module 3: Purchase Price Allocation (PPA)

Topics Covered

  • Purchase Price Allocation Fundamentals
  • Asset Valuation
  • Liability Valuation
  • Intangible Assets
  • Goodwill Allocation
  • Fair Value Adjustments
  • Deferred Tax Effects
  • Acquisition Balance Sheet
  • Post-Acquisition Adjustments
  • PPA Best Practices

Practical Workshops

Develop:

  • Purchase price allocation schedule
  • Asset valuation worksheet
  • Goodwill calculations
  • Acquisition reports
Module 4: Consolidation of Wholly Owned Subsidiaries

Topics Covered

  • Consolidation Principles
  • Parent Company Accounting
  • Subsidiary Accounting
  • Consolidation Worksheets
  • Elimination Entries
  • Investment Elimination
  • Consolidated Trial Balance
  • Consolidated Income Statement
  • Consolidated Balance Sheet
  • Consolidation Best Practices

Practical Workshops

Prepare:

  • Consolidation worksheet
  • Elimination entries
  • Consolidated financial statements
  • Reporting schedules
Module 5: Consolidation of Partially Owned Subsidiaries

Topics Covered

  • Non-Controlling Interest (NCI)
  • Partial Ownership Accounting
  • NCI Measurement
  • Consolidated Net Income
  • NCI Presentation
  • Ownership Percentage Changes
  • Step Acquisitions
  • Additional Investments
  • Partial Disposals
  • Consolidation Adjustments

Practical Workshops

Calculate:

  • Non-controlling interests
  • Ownership adjustments
  • Consolidation entries
  • Partial acquisition reports
Module 6: Equity Method and Investment Accounting

Topics Covered

  • Equity Method Fundamentals
  • Significant Influence
  • Associate Accounting
  • Joint Venture Accounting
  • Dividend Accounting
  • Investment Income Recognition
  • Equity Method Adjustments
  • Investment Impairment
  • Investment Reporting
  • Practical Applications

Practical Workshops

Record:

  • Equity method entries
  • Investment schedules
  • Associate accounting
  • Financial reporting
Module 7: Consolidation at Fair Value and Goodwill

Topics Covered

  • Acquisition Above Book Value
  • Fair Value Adjustments
  • Goodwill Accounting
  • Amortizable Assets
  • Depreciation Adjustments
  • Goodwill Impairment
  • Deferred Tax Adjustments
  • Consolidation Entries
  • Annual Goodwill Review
  • Financial Reporting

Practical Workshops

Develop:

  • Goodwill schedules
  • Fair value worksheets
  • Consolidation adjustments
  • Annual reporting
Module 8: Intercompany Transactions and Eliminations

Topics Covered

  • Intercompany Sales
  • Inventory Transfers
  • Unrealized Profit Elimination
  • Intercompany Services
  • Non-Current Asset Transfers
  • Dividend Eliminations
  • Intercompany Loans
  • Interest Eliminations
  • Intercompany Balances
  • Consolidation Adjustments

Practical Workshops

Prepare:

  • Elimination entries
  • Inventory adjustments
  • Asset transfer adjustments
  • Consolidation worksheets
Module 9: Advanced Intercompany Accounting

Topics Covered

  • Intercompany Debt Transactions
  • Bond Transactions
  • Notes Payable Eliminations
  • Interest Revenue and Expense Elimination
  • Intercompany Receivables and Payables
  • Cash Transfers
  • Intercompany Service Transactions
  • Cost Allocations
  • Profit Eliminations
  • Complex Consolidation Adjustments

Practical Workshops

Analyze:

  • Debt eliminations
  • Bond consolidation entries
  • Service transaction adjustments
  • Advanced consolidation scenarios
Module 10: Foreign Subsidiary Consolidation

Topics Covered

  • Foreign Operations Overview
  • Functional Currency Determination
  • Foreign Currency Translation Methods
  • Exchange Rate Selection
  • Translation Adjustments
  • Foreign Exchange Gains and Losses
  • Consolidation of Foreign Entities
  • Multi-Currency Financial Reporting
  • International Accounting Standards
  • Global Financial Reporting Best Practices

Practical Workshops

Perform:

  • Currency translation
  • Foreign subsidiary consolidation
  • Exchange adjustment calculations
  • Multi-currency reporting
Module 11: Interim and Segment Financial Reporting

Topics Covered

  • Interim Financial Reporting
  • Quarterly Financial Statements
  • Segment Reporting Principles
  • Operating Segment Reporting
  • Geographic Segment Reporting
  • Segment Performance Measurement
  • Disclosure Requirements
  • Management Reporting
  • Financial Reporting Standards
  • Regulatory Reporting Practices

Practical Workshops

Prepare:

  • Interim financial statements
  • Segment reporting schedules
  • Disclosure documentation
  • Performance reports
Module 12: IFRS, GAAP, and SEC Financial Reporting

Topics Covered

  • IFRS Business Combination Standards
  • GAAP Consolidation Requirements
  • SEC Financial Reporting Framework
  • Financial Statement Disclosures
  • Regulatory Filing Requirements
  • Corporate Governance
  • External Financial Reporting
  • Audit Considerations
  • Financial Compliance
  • Reporting Best Practices

Practical Workshops

Develop:

  • Compliance checklist
  • Financial disclosures
  • Regulatory reporting templates
  • Governance documentation
Module 13: Microsoft Excel for Consolidation and Financial Reporting

Topics Covered

  • Excel Consolidation Worksheets
  • Financial Reporting Templates
  • Consolidation Models
  • Lookup Functions
  • PivotTables
  • Financial Dashboards
  • Automated Consolidation Calculations
  • Data Validation
  • Reporting Automation
  • Model Auditing

Practical Workshops

Build:

  • Consolidation workbook
  • Automated financial reports
  • Executive dashboards
  • Excel-based consolidation models
Module 14: Financial Analysis of Corporate Groups

Topics Covered

  • Consolidated Financial Statement Analysis
  • Group Profitability Analysis
  • Liquidity Assessment
  • Solvency Analysis
  • Cash Flow Analysis
  • Performance Benchmarking
  • Business Combination Evaluation
  • Investor Reporting
  • Financial Decision Support
  • Strategic Financial Analysis

Practical Workshops

Analyze:

  • Consolidated financial statements
  • Group performance metrics
  • Financial ratios
  • Investment recommendations
Module 15: Real-World Acquisition and Consolidation Case Studies

Topics Covered

  • Global Acquisition Case Studies
  • Cross-Border Business Combinations
  • Corporate Consolidation Scenarios
  • Goodwill Impairment Cases
  • Intercompany Elimination Challenges
  • Foreign Subsidiary Reporting
  • Regulatory Reporting Examples
  • Accounting Complexity Management
  • Industry Best Practices
  • Lessons from Real Corporate Transactions

Practical Workshops

Analyze:

  • Acquisition case studies
  • Consolidation scenarios
  • Financial reporting challenges
  • Strategic accounting recommendations
Module 16: Capstone Project – Acquisition Accounting and Consolidated Financial Statements

End-to-End Advanced Financial Accounting Project

Participants will:

  • Analyze a corporate acquisition using the acquisition accounting method.
  • Calculate purchase consideration and perform purchase price allocation (PPA).
  • Measure fair value adjustments and compute goodwill accurately.
  • Prepare acquisition journal entries and post-acquisition adjustments.
  • Consolidate wholly owned and partially owned subsidiaries.
  • Eliminate intercompany sales, inventory, assets, services, and debt transactions.
  • Translate foreign subsidiary financial statements for group reporting.
  • Prepare consolidated income statements, balance sheets, and cash flow statements.
  • Develop Excel-based consolidation worksheets with automated calculations.
  • Present a complete acquisition and consolidation reporting solution aligned with IFRS and GAAP.

Join the Course Now!
  

Clients Testimonials

Hear what our learners say about myTectra!

This training helped me understand acquisition accounting and consolidation in a much more practical way. The sessions on purchase price allocation, goodwill, and intercompany eliminations were detailed yet easy to follow. The Excel-based consolidation exercises mirrored the reporting work I handle every month.
Aditya Joshi
Group Financial Reporting Analyst
I joined this course to strengthen my knowledge of consolidated financial statements, and it exceeded my expectations. The trainer explained complex topics like non-controlling interests and foreign subsidiary consolidation with clear business examples. The practical assignments made the learning process both engaging and relevant.
Suresh Pranav
Assistant Finance Manager
Working on group audits requires a solid understanding of acquisition accounting, and this program filled several knowledge gaps for me. The coverage of IFRS, GAAP, and consolidation adjustments was comprehensive without feeling overwhelming. myTectra delivered a course that is directly applicable to real corporate reporting environments.
Devanand N
Senior Audit Associate
The progression from business combinations to advanced consolidation techniques was very well planned. I particularly appreciated the case studies involving intercompany transactions, goodwill calculations, and consolidated reporting because they reflected real challenges faced in multinational organizations. This training has significantly improved my confidence in handling complex accounting scenarios.
Jaison Thomas
Corporate Accounting Lead

Why Choose Us?

Discover key features that set our training apart.

Expert-Led Training

Learn from certified instructors with real-world industry experience.

Hands-On Learning

Practical assignments and projects to build job-ready skills.

Globally Recognized Certificate

Earn a professional certificate to boost your career opportunities.

FAQ's

What is the duration of this course?

The total course duration is 36 hours delivered via instructor-led sessions and practical labs.

Will I get placement assistance?

myTectra is providing 100% placement assistance on our key courses. We help you with the career counselling, Exams on Key courses, Mock Interviews and Technical Interviews Tips.

Landing an interview proves that you have the job-specific skills for the position, but how do your interview skills stack up? Also, Soft skills are often the most important factor in showing you're the best candidate for the job.

Hence we are conducting FREE TRAINING on Soft-Skills worth Rs-25, 000 to all myTectra students which will help you to attend the interviews with more confidence.

What if I miss a class?

You will never miss a lecture at myTectra. You can choose either of the two options:

Classroom Training:

  • If you miss one or few classes we can give a backup class based on trainer and your convenient time. 
  • In case if you miss many classes, we can reschedule your class with upcoming batches or other running batches based on how many courses topics you have completed so far.

Live-Online Training:

  • View the recorded session of the class available in your LMS.
  • You can attend the missed session, in any other live batch.
Can I attend a demo session before enrollment?

Yes. We arrange a free demo for all the courses either in the Classroom or Live-Online demo. Please fill the demo request form below to schedule a free demo.

What if I have more queries?

Just give us a CALL at +918047112411 OR email at support@mytectra.com

What are the payment options?

Payments can be made using any of the following options and a receipt of the same will be issued to you automatically via email for both classroom training and Online training.

  • Visa Debit/Credit Card
  • American Express and Diners Club Card
  • Master Card
  • PayPal
  • Net Banking/Wire Transfer
  • UPI Payment such as Google Pay, PhonePe, Paytm
  • Cash/Cheque/DD ( Not for Online Training )
Where do the classes take place?

For Individual: 

Classroom Training - Bangalore

Live-Online Training - Globally 

For Corporates: 

Classroom Training - We deliver classroom training for corporate in more than 20 countries. Send us an Enquiry Now!

Online Training - Globally

* All of the classes are conducted live online. They are interactive sessions that enable you to ask questions and participate in discussions during class time. We do, however, provide recordings of each session you attend for your future reference.

Who are the Trainers?

Our Trainer’s are chosen not only for their knowledge and expertise but also for their real-time experience in the respective courses.

Back to top

Corporate Training

Empower your team to excel—transform potential into performance with myTectra Corporate Training today!

corporate-training-myTectra

We’d Love to Assist You!

Talk to our training advisor today and discover how myTectra can help you achieve your training goals.

Gain Career-Ready Skills in Advanced Financial Accounting

Build advanced accounting expertise by mastering acquisitions, consolidations, non-controlling interests, and consolidated financial reporting.