Provide a practical analysis of the changes generated by the 2020 SCA, and understand their impacts on Lux GAAP accounting treatments (mandatory or not). Such knowledge should also allow the attendant to manage the impacts of the SCA on the statutory F/S.

• Update on sectoral and individual filing exemptions for the Standard Chart of Accounts (SCA).
• The legal and regulatory background of the 2020 SCA.
• The making of the new SCA  and the available explanatory materials.
• Related eCDF electronic documents.
• Accounting treatments:
  • recommended or preferred accounting treaments derived from the new SCA;
  • implicit accounting treatments derived from the structure of the annual accounts and of the SCA's mappimg table.
• The course will focus on illustrative examples, showing accounting entries as before and as after the change of SCA.
• Tracking non-recurremt items in the new SCA (and the reason why).