£225

Fund Accounting Practices Master-Class

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Location

Location

Pomme d’Or Hotel

Liberation Square

JE1 3UF Saint Helier

Jersey

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Refund Policy

Refund Policy

No Refunds

Event description

Description

This inaugural JFA CPD half-day master-class has been designed in response to demand from the funds community for more specific, detailed technical training. Places are limited so please act quickly to secure your place.

The first in a series of master-classes covers key accounting challenges facing Jersey's fund accountants, fund auditors and Non-Exec fund board members.

Delivered as a practitioner’s guide over three highly relevant modules, this short course is designed to prepare Jersey’s funds community to meet current accounting challenges before the annual audit cycle begins in earnest.

Presented by senior accounting practitioners from KPMG, BPP and PwC, the master-class will cover:


MODULE 1

Investments Valuations

  • Addressing typically challenging areas for GPs, managers, advisors

  • Interpretation and updates to IPEV guidelines

  • Important reminders coming up to Q4/17 valuation considerations (both debt and equity)

  • Similarities and significant differences between IFRS, FRS 102 and US GAAP

  • Practical guidance on application of IFRS 9 (Debt Funds, expected credit losses)


MODULE 2

Carried Interest

  • Reminder of calculation and principles

  • Overview of risks and judgement

  • Accounting for carry (recognition and measurement)

  • Presentation of carried interest (reporting and disclosure)

  • Treatment under IFRS, FRS 102 and US GAAP


MODULE 3

IFRS 10 Investment Entity concept and practical application thereof for funds

  • Challenges in applying the Investment Entity criteria in practice

  • Best practice and generally accepted treatment (work through practical examples of what works and what doesn’t)

  • Accounting guidance when SPV or relevant investment has not met the Investment Entity criteria

  • Related Party disclosures in LP, GP, Manager

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Date and Time

Location

Pomme d’Or Hotel

Liberation Square

JE1 3UF Saint Helier

Jersey

View Map

Refund Policy

No Refunds

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