- Is your business directly or indirectly impacted by accounting?
- Do you consider accounting as an important source of information impacting your decisions?
If so, it is essential for stakeholders and yourself to understand the main concepts of accounting in order to wisely use this data and understand its impact on your operations.
Duration: 4h
Language: Available in English and French. The supporting material is only available in English.
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Objectives
By the end of this training, participants will be able to:
- describe the basic principles of accounting;
- identify the main valuation principles of various balance sheet items and their impacts on the annual accounts;
- understand the accounting rules and methods for financing and investment instruments;
- understand the annual accounts of a company.
Content
- The objective of accounting
- Balance sheet, profit and loss accounts: their meaning
- The major accounting policies/conventions
- Some essential accounting classifications like:
- debt versus equity
- fixed versus current asset
- balance sheet versus off balance sheet items
- Approval process and electronic filing procedure
Target audience
- Jurists and their employees
- Tax specialists and their employees
- Lawyers and their employees
- Notaries and their employees
- Internal auditors
- Finance controllers
- Beginners in accounting, accounting assistants and fiduciary staff willing to expand their knowledge of some specific accounting points
Our lead experts
This training is coordinated by Damien Brunet, Director at PwC Luxembourg.
The training will be presented by experts in the accounting field.
Damien is a director in the accounting and tax compliance practice of PwC Luxembourg and the coordinator of the Luxembourg technical accounting group where he deals on a day-to-day basis with complex Lux GAAP transactions. He is also responsible of the e-accounts solution, a PwC’s online tool for the preparation and filing of annual accounts. He is CCA (Certified Chartered Accountant) in Luxembourg and chartered accountant in France. He is also the president of the training’s commission at the OEC.
