IFRS for PE&RE funds - a high level view for asset managers and lawyers
Description
The aim of this training is to provide asset managers, lawyers, and other advisors with a high-level view of the implications of choosing IFRS for the financial reporting of Private Equity and Real Estate Funds.
This training will enable advisors that have no or little accounting background and that are involved in the setup of the fund to understand the reporting requirements of PE&RE funds and to understand and advise on the implications of choosing IFRS for the financial reporting.
In this training, we will present:
- Legal aspects: The financial reporting obligations (and options) of PE&RE funds from a stand-alone and consolidated perspective
- Different reporting formats and options: stand-alone / consolidated – Luxgaap / IFRS
- Key implications of choosing to present IFRS accounts
- NAV calculation: Impact on the NAV calculation - INREV vs IFRS NAV
- IFRS accounts in practice: how to read and analyse an IFRS report for a PE or RE fund.
Target population:
- Asset Managers
- Law firms
- Fund Administrators
With no or little accounting background
Objectives:
To enable asset managers, lawyers, and other advisors:
- To learn about the financial reporting requirements for PE&RE funds
- To have a basic understanding of the different financial reporting formats (stand-alone / consolidated – Luxgaap / IFRS)
- To understand the key implications of choosing to present IFRS accounts and/or consolidated accounts
- To understand the impact of different choices on the value of the NAV
- To read and analyse IFRS financial statements on the basis of an example
