Many actors in our economy discuss the financial performance of companies using the IFRS. For some, the adoption of the IFRS has a significant impact on the presentation of the financial information,their company's organisation, their performances keys, etc. For the others, who have already made this transition, IFRS keeps evolving.
This training covers IFRS treatment relevant to the Alternative industry in detail. The instructors will use concrete examples from their daily experience to explain the theory and ensure a better understanding of the new concepts.
This course does not address matters linked to real estate structures, which are included in the training programme 'IFRS for real estate'.
Duration: 8h (two half-days)
Language: Available in English
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Objectives
By the end of this training, participants will be able to:
- identify and explain the various issues specific to IFRS for holding companies, Soparfi and private equity structures;
- anticipate the implementation of the standards to these sectors.
Content
- Presentation of financial statements
- Debt vs equity classification
- Functional and presentation currency
- Consolidation and investment entity exemption
- Carried interest and distributions
- Financial instruments: recognition, classification and measurement
- Financial instruments: disclosures
- Other matters
Target audience
This module is proposed to the participants who have already a good knowledge of IFRS basics.
- Heads of accounting and their teams
- Professionals of the financial sector
- Management controllers
- Teams of internal auditors or teams dealing with internal controls
- Heads of consolidation
- Tax consultants
- Accountants
Our lead experts
This training is coordinated by Ionela Poenaru, Director at PwC Luxembourg.
Ionela belongs to different PwC Global groups such as Global Accounting Consultancy Services (GACS), CMAAS (Capital Markets Accounting Advisory Services). During her over 8 years of experience within the IFRS team, she has performed IFRS impact analyses in the context of various complex transaction like business combinations, group restructuring, refinancing, hedge accounting and 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.
