Fully Automated Consolidation

Consolidation logic 2

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Billing address

 

  

Attendance fee (per person)

 

700,- EUR plus VAT

(Before discounts are applied)

Find out how to prepare consolidated financial statements in our consolidation training.

You will prepare the financial statements for two years yourself in a group example. You will become familiar with the characteristics to be taken into account at foreign currency companies.

For this purpose, you will obtain valuable tips from our experts, in particular to clarify differences in the consolidation. You will find out how simple it can be to prepare consolidated financial statements - even over several years.

Attendance fee

700 eur plus VAT

Customers of Lucanet Group receive a 10% discount.
Partners of Lucanet Group receive a 20% discount.

Discounts are not combinable.

Your benefits

  • You will learn how automated, app-supported consolidated financial statement preparation works.
  • You will prepare your own consolidated financial statements for two years based on an exemplary group of companies.
  • You will learn about the specifics that need to be considered for foreign currency companies.
  • You will receive valuable tips from our experts, especially on how to clarify differences during consolidation.
  • You will discover how easy it can be to prepare consolidated financial statements - even over several years.

 

Target group

  • This basic training course will give you an initial insight into how the partially automated preparation of consolidated financial statements works in the Lucanet software. You will be able to create consolidated financial statements yourself.
  • To take part in this training course, you must already have some experience of using Lucanet or have taken part in our online training course "Consolidation and Financial Planning Fundamentals“.
  • The course is suitable for refreshing your basic knowledge and training new employees.

 

Note: The course is available for use in the Lucanet Learning Space for a maximum duration of 12 months. Once this period is up, you should have worked through all the learning modules, downloaded any learning material you want to keep, and completed the course.

 

Important note on registration

Before registering, please check which consolidation logic (Consolidation 1 = partially automated; Consolidation 2 = fully automated) is used in your company. For interested parties who have not used Lucanet before, we recommend a training course on fully automated consolidation.

Consolidation 1 / partially automated consolidation (Register for this training here)

Consolidation 1 enables wizard-supported debt consolidation, expense and income consolidation and the consolidation of inventories. The consolidation process can be monitored using a report.

 

Consolidation 2 / Fully automated consolidation (= this training)

Consolidation 2 is an extension of Consolidation 1 and offers new functionalities as well as comprehensive automated consolidation. Various apps enable consolidation and the creation of different reports.

 

Technical requirements

  • Windows-PC or Apple computer with sound card
  • Internet connection (a DSL connection is recommended)
  • Speakers, headphones or headset
  • Microphone and possibly webcam

 

Course procedure

 

Note: The registration deadline is 14 days before the start of the live training (subject to available spots).

Agenda/content

From the content

  1. You perform a purchase price allocation (PPA).
  2. You perform app-supported equity elimination as well as elimination of intercompany debt, of intercompany income and expense, and of intercompany profit and loss in current assets.
  3. You translate the equity of a foreign currency company using historical exchange rates.
  4. You use the status and other automated reports to resolve differences during consolidation.
  5. You check the plausibility of the consolidated financial statements using appropriate views.

Organiser

Academy Team

E-mail: info@lucanet-academy.com
Phone: 0049 30 46 99 10 150

 

Service hours:

Monday to Thursday 09:00-16:00 CET
Friday 09:00-14:00 CET