Keeping up with the latest doctrine is an important part of the job of every accounting expert. In the last years, the number of recommendations issued by the CNC is increasing and is tackling important topics on which the accounting law is silent.
- What are the impacts of changes in the consolidation scope of a group on the assessment of size criteria?
- What is the impacts of the "Pillar 2" law on annual or consolidated accounts under Lux GAAP (especially for 2024)?
These are 2 examples of questions that this module will address and answer using the CNC recommendations and our experts' market experience.
Duration: 2h
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
This training aims at giving participants all the information and latest doctrine issued by the Luxembourg Accounting Board ("Commission des Normes Comptables" or "CNC"). This training will be delivered by experts who will share their view and their experience on the market impact in terms of accounting.
Content
This training will cover several recommendations on the following topics:
- Pillar 2 for the 2024 annual accounts - Q&A CNC 24/035
- Increasing the size criteria: practical application - Q&A CNC 24/034
- Impacts of changes in the consolidation scope of a group on the assessment of size criteria - Q&A CNC 24/033
- Pillar 2 law and option to disclose deferred tax assets and liabilities in the notes to the 2023 annual accounts - Q&A CNC 23/032
- Impact of the Pillar 2 law on the notes to the annual and consolidated accounts under LuxGAAP or LuxGAAP-FV - Q&A CNC 23/031
- Change of currency for bookkeeping and preparation of annual accounts Q&A CNC 23/030
- Accounting aspects of company migrations to Luxembourg - Q&A CNC 23/029
Target audience
- Accountants
- Chartered accountants
- Fiduciaries staff
- Internal and external auditors
- CFO
- Heads of accounting
- Financial controllers
Our lead experts
This training is coordinated by Damien Brunet, Director, and Grégory Beauchesne, Senior Manager in the accounting technical team. 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 a CCA (Certified Chartered Accountant) in Luxembourg and a chartered accountant in France. He is also the president of the training’s commission at the OEC.
Grégory is a senior manager in the tax management and accounting services department where he specialises in the preparation of financial statements and tax returns for international structures and operational companies.
Grégory is also member of the accounting technical team - Lux GAAP at PwC Luxembourg, where he deals on a day-to-day basis with accounting technical issues.
