IFRS for investment funds

Many actors in our economy discuss the financial performance of companies using the IFRS standards. For some, the adoption of the IFRS will have a significant impact on the presentation of the financial information,their company's organisation, their performances keys, etc. For others, those who have already made this transition, IFRS keeps evolving.

This training covers in detail IFRS treatment bound to the UCITS industry. The instructors will use concrete examples from their daily experience to explain the theory to participants and ensure a better understanding of the new concepts.

By the end of this training, the participants will be able to:

• identify the overall IFRS impacts on investment funds accounting, including debt equity presentation, accounting for the porfolio, the disclosures on risks and fair value.

IFRS applicable to investment funds
Review of the balance sheet, P&L, cash flow statement and statement of change in equity / net asset attributable to owners and notes
Financial assets at Fair Value Through Profit or Loss (FVTPL)
Cash and cash equivalent
Debt vs. equity – focus on puttable instruments
Financial liabilities at FVTPL

New and latest standards applicable to investment funds

This training is coordinated by Ionela Poenaru, Director at PwC Luxembourg.

Ionela, Director, belongs to different PwC Global groups such as Global Accounting Consultancy Services (GACS), CMAAS (Capital Markets Accounting Advisory Services). During her 8 years of experience within the IFRS team, she has performed IFRS impact analysis in the context of various complex transaction like business combinations, group restructuring, refinancing, hedge accounting, tax structuring. She has developed tailored training solutions for large clients and has robust experience in reviewing financial statements and analysing the impact of IFRS for first-time adopters and existing preparers.