When you are new to using AARO as your group consolidation system, this training will be important to give you an overview of how to handle the Group’s consolidation and closing.
The training addresses some of the challenges that might arise in a typical closing process and highlight how AARO comes in to address these challenges. In the training we will go through the modules relevant for the person who is responsible for reporting at group level.
You will learn how to make Group adjustments using Journals, how to set up elimination’s rules and how to handle intercompany transactions. After the training you will have the tools required to perform an analysis of the Group’s closing to ensure accuracy and completeness in the subsidiaries’ financial statements and in the Group adjustments.
Group Accounting I
- Group’s closing process
- Consolidation principles in AARO
- Accounting Standards
- Acquisition and Excess value register
Group accounting II
- Journals module – Group adjustments
- Match & Elimination set up
- Check Reports for analysing your closing and legal changes
Target group: You are working with Group Accounting and know the principles of Group consolidation well. You work with Group Control or the system administration and want to understand the basics of AARO’s Group consolidation.
- ✅ Group accounting
- ✅ System administrator
Prerequisite: Company reporting
Suggested next training: AARO Legal In-depth
Time (per session): 9 am-12 am (CET), online