This training programme addresses IFRS issues related to real estate vehicles, focusing on key areas associated with the accounting of such vehicles.
The training incorporates practical examples and case studies catering to participants who are responsible for the accounting of real estate structures in accordance with IFRS.
It is intended for individuals who possess a basic knowledge and understanding of both IFRS and real estate structures.
Duration: 8h (two half-days)
Language: Available in English and French. The supporting material is only 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 real estate structures;
- understand and comply with the application of the IFRS to this industry;
- view arising practical issues and consequences resulting from the application of IFRS;
- understand the impacts of recent changes and future developments in IFRS for real estate structures.
Content
- IFRS principles for real estate
- Introduction
- Properties (IAS 40, IAS 16, IAS 2, IAS 21 and IAS 23) and non-current assets
- Held for sale (IFRS 5)
- IAS 12
- Debt vs. equity
- Fair value measurement (IFRS 13) and related disclosures
- INREV NAV
Target audience
- 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 will be 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.
