C2013 - Introduction to fund accounting

Public cible

Anyone wishing to apply and to develop their technical knowledge.

Objectives

Find out the basic differences between the general accounting for commercial companies and the Fund Accounting. What is a Net Asset Value for UCITS and for Alternative Investment Funds.
Understand the specificities of the umbrella funds and the multiple classes of shares/units and differences between UCITS and AIF accounting rules and reports (LUX GAAP).
Gain understanding on the operations on portfolio for UCITS, including valuation rules and their accounting.
Understand specificities of investments of AIF including valuation method and accounting rules under LUX GAAP and understand the impact of these transactions on NAV of UCITS and AIF.
Gain understanding on the operations on Fund capital for UCITS and their accounting.
Gain understanding of capital transactions for AIF (calculation rules and accounting).
Gain understanding of the impact of these transactions on NAV.
Perform calculation of the Net Asset Value of investment funds.
Consider the estimation and provision of the investment fund fees and charges (type, agreements, calculation method, etc.).
Perform calculation of the Net Asset Value of investment funds.

Prerequisites

Successful completion of the module « General Accounting : current operations » (C2001), « General accounting : year-end operations » (C2003) or proof of equivalent certified knowledge. It is also recommended to have knowledge of UCITS and AIF.

Sessions

23.09.2025

Luxembourg

180 €

24.02.2026

Luxembourg

180 €