Get up to speed: Dutch Accounting


Are you new to business in the Netherlands? Do you need to prepare annual accounts for 
commercial and holding companies? Are you wondering which accounting principles and 
conventions are applicable? If the answer to any of these questions is yes, the Academy 
offers two training courses that may be of interest to you:

  • Financial reporting in the Netherlands;
  • Dutch GAAP vs. IFRS: similarities and differences.

These courses give you a solid basis for accounting in the Netherlands. 

Module 1: Financial reporting in the Netherlands:

The “Financial reporting in the Netherlands” training provides an accessible overview of 
financial reporting requirements for entities in the Netherlands. This training course is relevant 
to investors who need, or wish to have, a basic understanding of the key aspects of establishing 
and operating a company in the Netherlands. During the course we will address many of the 
recurring questions that have been raised by our clients.

These courses give you a solid basis for accounting in the Netherlands.

  • Company legislation;
  • Preparation, filing and audit requirements;
  • Format and content of the financial statements; 
  • Group accounts and consolidation; 
  • Accounting principles according to Dutch GAAP: recognition, measurement, presentation and disclosures;
  • The primary statements: balance sheet, income statement and cash-flow statement; and
  • Practical exercise on Dutch GAAP financial statements.

We will use the PwC brochure “An overview of financial reporting in the Netherlands”.

For who?

This training course is relevant for individuals new to Dutch financial reporting requirements 
but who are responsible for the preparation of statutory financial statements of Dutch entities.

Who are the trainers?

The trainers are professionals and members of PwC.

  •   Hugo van den Ende is Senior Director at PwC’s National Office.
  •   Peter Baas is an Assistant Manager in PwC’s Compliance Services department. 


Module 2: Dutch GAAP vs IFRS, similarities and differences.

The “Dutch GAAP vs IFRS: similarities and Differences” training course provides an overview 
of the key differences between Dutch GAAP and IFRS. The training course aims to encourage 
early consideration of what IFRS means to an entityin order to be well prepared for a possible 
transition to IFRS. 

Dutch GAAP serves as the starting point for the training course. Key differences with IFRS as 
well as similarities are highlighted and the practical consequences of these differences are addressed

Following the training course

Following this training course, participants are able to identify the most significant differences between 
Dutch GAAP and IFRS and can determine the impact on the financial statements. During the training 
we will focus on the more fundamental differences between the two accounting systems. Attention 
will be paid to the following (and other) topics:

  • Dutch law vs. the IASB Framework;
  • Primary statements: what are the main differences (exercise);
  • Business combinations and consolidation;
  • Equity accounting;
  • Pension accounting;
  • Financial instruments;
  • Relevance of the period between period-end and the date of preparation of the financial statements; and
  • Various topics (first-time adoption, assets held-for-sale, amortization of intangibles, components approach
    for property plant and equipment, inventories). 

We will use the PwC brochure “Similarities and Differences Dutch GAAP vs IFRS”, issued November 2013, 
as reference material.

For who?

This training is relevant to financial staff working for foreign companies with entities in the Netherlands who 
need to have insight in the differences between Dutch GAAP and IFRS.

Trainer

  •   Hugo van den Ende is Senior Director at PwC’s National Office. 

 

Programme Module1: Financial reporting in the Netherlands.

08:30 Welcome
10:15 Coffee break
12:15 Disclosure
12:30 Questions & Answers

Programme Module 2: Dutch GAAP vs IFRS: similarities and differences

12:45 Registration
13:15 Introduction
15:30 Coffee break
16:30 Disclosure
16:45 Questions & Answers
17:00 Drinks

Date

  • 13 November 2014 - PwC Amsterdam

PE-hours Accountants

By attending, participants earn 4 PE hours/PE points training course. You will receive a certificate following the session.

PE-points RC’s 

By completing this training, registered controllers receive 4 PE-points. The certificate of attendance will be provided 4 weeks after the training. 

Costs

The cost per training session is € 450,- excluding VAT. The cost for 2 modules amounts to € 845,- excluding VAT. This includes training material and a drinks reception. 

Subscribe

Would you like to register to this training? Please click here and send us your application. 


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