French Commercial code
In forceprofessional regulations, economics and accounting
Legal subjects:
Securities.
The law on the sale of furniture by public auction:
- voluntary and judicial sales: concepts and distinctions;
- applicable texts;
- taxation;
- droit de suite;
- State intervention: right of pre-emption;
- imports and exports of works of art;
- illicit trafficking in works of art.
The fight against money laundering and the financing of terrorism.
Professional regulation:
Status of operators of voluntary sales of furniture by public auction and persons authorised to conduct voluntary sales;
Organisation and powers of the council of auction houses;
Deontology and discipline;
Professional civil liability.
Economic and accounting subjects:
The operation of markets:
- the delimitation of the relevant market;
- the supply function;
- the demand function;
- the equilibrium of the market in competition.
Imperfect markets:
- monopoly markets;
- oligopoly markets;
- the role of information asymmetries;
- auction markets.
Competitive strategies:
- the temptation to collude;
- differentiation strategies;
- exclusionary strategies.
Accounting and finance:
- accounting principles;
- the concept of depreciation and provisions.
Understanding the main accounting documents:
- balance sheet;
- income statement;
- cash flow statement.
Analysis of the accounts through the main ratios:
- economic performance;
- financial performance;
- lead times for storage and payment of customers and suppliers.
Management accounting:
- objectives of cost calculation.
Notion of cost:
-direct cost/indirect cost;
-variable cost/fixed cost.
Determining the break-even point:
- partial cost methods;
- full cost method (simple case of allocating indirect costs).
Knowledge of arts and techniques
History and technique:
- furniture and seating;
- painting, prints and drawings;
- engraving;
- sculpture;
- ceramics;
- goldsmithing and jewellery;
- books, manuscripts and autographs;
- carpets and tapestries;
- collectors' weapons and historical memorabilia;
- coins;
- archaeology.
- art from Africa, the Americas, Asia, Europe and Oceania.
Marks and hallmarks, titles and alloys.
Knowledge of museum collections.
History of public and private collections; developments in the art market.
Special practice:
Specificity of the art market;
Identification and appraisal of art objects.
The practice of voluntary sales
of furniture at public auction
The practice of sales by public auction of furniture:
- preparation of sales;
- management of sales and incidents;
- drafting of deeds and record keeping.
Practice:
- estimates and prisées;
- inventories;
- expert appraisals;
- partitioning.
Special practices:
Inventories, valuations and sales of industrial, commercial and agricultural equipment, company stocks and vehicles.
Wholesale sales practice.
Living languages
German.
English.
Chinese.
Spanish.
Italian.
Russian.
