Provide an in-depth analysis of the 2020 SCA features in order to better understand their impacts on Lux GAAP accounting treatments (mandatory or not). Such knowledge should also allow the attendant to manage the interactions between 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.
• The usefulness of SCA's tailoring to match the undertaking's management and production of the annual accounts.
• Accounting treatments:
  • recommended or preferred accounting treaments derived from the SCA;
  • implicit accounting treatments derived from the structure of the annual accounts and of the SCA's mapping table;
  • the tracking of non-recurring income and costs (and the reason why).
• The course will focus on illustrative examples showing accounting.