IFRS for Investment Funds

Date: TBC

Duration: 1 day

Full Fees: €600

Network Members Fee: €350*

Programme overview

A comprehensive, practical review of current IFRS requirements and practices for investment fund financial reporting.

Course Objectives

At the end of this course participants will be able to

  • Outline the background to the IFRS accounting framework
  • Present principal financial statements in a format consistent with IFRS
  • Classify financial instruments in accordance with IFRS
  • Describe how financial assets & liabilities are measured under IFRS
  • Describe the characteristics of fair value and the fair value hierarchy
  • Explain key disclosure requirements as they relate to investment funds reporting under IFRS
  • Discuss recent updates and expected developments in IFRS

Who should attend?

  • Hedge fund and mutual fund professionals who are responsible for the preparation or audit of fund financial statements in accordance with IFRS.
  • Hedge fund and mutual fund professionals who require a greater understanding of IFRS for investment funds

 Course Content (Summary)

  • Framework
  • Financial statements
    • Statement of assets & liabilities
    • Statement of comprehensive income
    • Statement of cash flows
  • Financial instruments
    • Recognition & de-recognition
    • Classification of financial assets & financial liabilities
    • Initial & subsequent measurement of financial assets & financial liabilities
    • Fair value
    • Disclosure
    • Offsetting
  • Current Developments
    • Consolidations
    • Other

Trainer Profile

Please contact info@ifsskillnet.ie for more information on training providers for this course.