{"id":249048,"date":"2023-03-09T13:24:22","date_gmt":"2023-03-09T12:24:22","guid":{"rendered":"https:\/\/www.altermes.fr\/use-case\/assessing-the-financial-impact-of-a-carve-out\/"},"modified":"2023-10-19T11:41:06","modified_gmt":"2023-10-19T09:41:06","slug":"assessing-the-financial-impact-of-a-carve-out","status":"publish","type":"use-case","link":"https:\/\/www.altermes.fr\/en\/en-use-case\/assessing-the-financial-impact-of-a-carve-out\/","title":{"rendered":"Assessing the financial impact of a carve-out"},"content":{"rendered":"\n
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On behalf of an energy group, we assessed the accounting and financial impact of the carve-out of 2 permanent establishments and foreign subsidiaries. These impacts were measured in French Gaap for the French entity’s parent company financial statements and in IFRS for the Group’s consolidated financial statements.<\/p>\n\n

\u26a0\ufe0f Definition<\/a> <\/strong>A “carve-out” is the sale by a company or group of companies of a branch of activity. <\/p>\n\n

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Course of the mission<\/h2>\n\n

The mission began with discussions with established financial teams in France and abroad.<\/p>\n\n

Following these discussions, the process of separating out the activities of foreign establishments was broken down into different stages.<\/p>\n\n

For each of these stages, we have identified the accounting and financial impacts, with a specific focus on the treatment of liaison accounts. We have presented our results in the form of a reconciliation table under IFRS and French Gaap. <\/p>\n\n

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Tools used<\/h2>\n\n

SAP FC<\/a> (formerly MAGNITUDE) was used to extract local and consolidated data under French Gaap and IFRS.<\/p>\n\n

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Results<\/h2>\n\n

Our work was presented at a feedback meeting. This was used as the basis for the accounting entries and for the anticipated calculation of capital gains and losses on disposal.<\/p>\n\n

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\ud83d\udd0eFind out more about our consolidation<\/a> services or our company valuation and financial expertise services<\/a>.<\/p>\n\n

\ud83d\udcde To get in touch with us for a clipping assignment, \n click here!<\/strong>\n<\/a><\/p>\n\n

\"\"<\/figure>","protected":false},"excerpt":{"rendered":"

On behalf of an energy group, we assessed the accounting and financial impact of carve-out.<\/p>\n","protected":false},"author":2,"featured_media":248019,"parent":0,"menu_order":0,"template":"","categories":[56],"class_list":["post-249048","use-case","type-use-case","status-publish","has-post-thumbnail","hentry","category-interim-management-and-operational-support"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/use-case\/249048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/use-case"}],"about":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/types\/use-case"}],"author":[{"embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/users\/2"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/media\/248019"}],"wp:attachment":[{"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/media?parent=249048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.altermes.fr\/en\/wp-json\/wp\/v2\/categories?post=249048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}