Loading...
Forensic accounting & IFRS Seminar: learning to read financial statements differently
How can you spot, in the financial statements of a listed group, the weak signals that may announce a market issue, litigation or a liability claim?
Vermeille & Co is organising a training cycle, led by Arthur Huiban (Ph.D), dedicated to forensic accounting and the critical analysis of IFRS financial statements. This cycle is intended for law students and trainee lawyers who wish to better understand the accounting issues behind market cases.
Practical information
Dates
Friday 26 June, Friday 3 July and Friday 10 July 2026
Schedule
5 pm – 7 pm (CET)
Format
Online (video conference)
Audience
Law students and trainee lawyers
Objective of the cycle
The objective of this cycle is twofold:
- understand the main accounting and financial mechanisms encountered in securities litigation;
- develop a more critical reading of the financial statements published by listed groups.
The cycle will take place over three complementary sessions, gradually covering the main accounting analysis reflexes useful in securities litigation and financial communication.
Programme of the three sessions
The major issues of forensic accounting
- Accounting analysis in the context of securities litigation, shareholder activism or market operations
- The role of the financial expert, fairness opinions / litigation reports and the limits of independent expertise
- AMF decisions, typology of breaches and accounting misconduct
- IFRS framework: true and fair view, going concern and differences with French GAAP / US GAAP
Accounting estimates, valuation and risk of manipulation
- Sensitive income statement items: revenue, OPEX / CAPEX, non-recurring items, etc.
- Sensitive balance sheet items: goodwill, fixed assets, inventories, trade receivables, provisions, etc.
- Valuation methods: fair value, value in use, DCF, EBITDA multiples
- Impact of accounting assumptions on performance, value and solvency
Alternative performance indicators, liquidity and going concern
- The challenge of alternative performance indicators: EBITDA, free cash flow, net debt and leverage ratios
- Future contributions of IFRS 18 and persistent grey areas
- Liquidity analysis in distressed situations: going concern and liquidity "crash test"
- Working capital management, off-balance-sheet commitments, lease contracts, covenants and refinancing
Register for the seminar
To register for the training cycle, please fill in the form below. Fields marked with an asterisk (*) are required.
You can also write to us directly at contact@vermeille-avocats.com.
Would you like to discover Vermeille & Co beyond this training cycle? You can also find our opportunities on the firm's recruitment page.