Fund Accounting
Why should you attend this course?
- Comprehensive knowledge: You will learn the detailed accounting rules for regulated funds and their financial instruments.
- Statutory reporting: You will learn how to report for collective investment funds in accordance with applicable regulations.
- Securities valuation: You will learn the principles of valuation and pricing for assets held by funds.
- No prerequisites: You do not need to have prior knowledge of accounting as these basics will be covered during the course.
- Two-day programme: The condensed format allows you to gain valuable skills quickly.
Language of the course
English
Training level
intermediate
Who is this course for?
- For professionals in the investment and commercial banking sector who want to deepen their knowledge of financial analysis.
- For those working in fund management interested in a practical understanding of financial statements.
- For professionals supporting the financial sector who want to better understand the nature of the work and requirements of these industries.
- For those with no prior knowledge of accounting who want to gain a solid understanding of fund accounting.
Course programme
- Introduction
- Key statements - overview and format (for a fund): Statement of total return (P & L account); Statement of changes in unit-holders net assets; Balance sheet
- Statutory reporting for a fund - using a recently published set of accounts: Reports of the fund manager, trustee, and auditors; Audited annual financial statements; Notes to the accounts; Statement of NAV per unit and comparative table; Distribution table
- Transactions for an investment fund: Accounting for equities; Accounting for fixed income securities; Accounting for derivatives; Accounting for fund expenses
- Case study example of a fund
- Financial instruments (overview only): Shares – ordinary and preference; Fixed income – FRNs and types of bonds; Hybrids – warrants and ADRs; Derivatives
- Corporate actions and their accounting treatment
- Accounting standards on financial instruments (overview): IFRS 9
- Valuing capital instruments: Discounted cash flows; Comparables/Multiples
„Training delivered in an understandable manner and at the right pace.”
From a feedback form on tailored training provided in 2024.5,57/6
Average evaluation of tutors and training materials among participants of workshops for companies organized in 2023-2024.„The presenter was very good, gave good examples and was very communicative. He is able to explain everything in a simple way.”
From a feedback form on tailored training provided in 2023.97%
of all participants of the 2023-2024 tailored workshops for companies would recommend our training to their friends!
Open courses
Our open courses are short courses taught by experienced tutors whose role is to give you practical knowledge and skills that you can use immediately in your daily work.
It's a great opportunity to expand your knowledge and enhance your skills, whether you're motivated by an internal desire to develop or by your employer.
Bespoke programmes for companies
Does your team need training on this topic? Or, would your organization benefit from additional focus on specific issues in the course program, allowing some elements to be explored in greater depth?
With bespoke programs, we can adjust the training content to meet your organization’s specific needs. This includes adding topics not covered in the standard program or omitting sections less relevant to your team. The final cost of customized training is set individually at the proposal stage.
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