Séminaire S-FC0015 - Advanced Lux GAAP - mastering the fundamentals

Public cible

Alll professionals looking for a training that provides a working knowledge on accounting and F/S under Lux GAAP.


Give a comprehensive review of Lux GAAP, based on a detailed analysis of its local sources. The purpose is to deal more efficiently with principle-based set of accounting rules where a detailed guidance is not easily accessible (legal commentaries being in French only) and its lacking for certain items.


  • The real meaning of "Lux GAAP".
  • The legal framework, i.e. accessing and understanding :
    • the commercial law ("Code de Commerce") ;
    • the company law ;
    • the current amended version of the applicable laws and grand-ducal regulations on the annual accounts and on the consolidated annual accounts;
    • the regulations on the Standard Chart of Accounts ("Plan comptable normalisé") and on the electronic filing of the annual accounts.
  • Comprehensive study of the classic Lux GAAP (with illustrative examples) :
    • the balance sheet and its components ;
    • the profit and loss account and its components ;
    • the other statements (legal options).
  • The alternative use of the IFRS or of the "Lux GAAP at fair value"(legal options). 
  • The use of other GAAP in Luxembourg (legal departure).


A course session is available in French (with the same course material in English).


Cours en présentiel
440 €