IFRS for private equity
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)
Course content can be customised on demand under specific conditions.
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 Philippe Förster, Lead Partner of IFRS Learning Solutions of PwC Luxembourg.
It will be presented by experts of PwC Luxembourg who are actively engaged in the daily implementation of the IFRS norms.
Philippe Förster is the IFRS leader for PwC Luxembourg and a partner in the Assurance practice. With over 20 years of experience serving financial and multinational institutions by providing audit and advisory services, he is a member of various PwC International IFRS working groups, including GACS (Global Accounting and Consulting Services), Financial Instruments Topical Team (FITT), and Corporate Treasury Technical Committee (CTTC). Philippe played a crucial role in developing our global guide: Hedge Accounting in Practice.
Philippe graduated from HEC-University of Liège-Belgium. He is a qualified 'réviseur d’entreprises' in Luxembourg.
