OEIC & Unit Trust Accounting
Course
Inhouse
Description
-
Type
Course
-
Methodology
Inhouse
-
Duration
3 Days
OEICS & Unit Trust Accounting covers a wide range of Accounting and other areas: Tax, Compliance, Fund Management and Investment, etc. This course provides a detailed basic review of all the areas for those wanting to solidify partial knowledge or requiring a good grounding in all areas and is based on the SORPS for OEIC and UT. Suitable for: Accountants new to Unit Trusts & OEICS. Staff new to Investment Accounting. OEIC & Unit Trust Administrators and Accounting Section Heads. Investment Managers. Internal Auditors. IT Executives Marketing or Designing Mutual Fund Systems
Reviews
Subjects
- Taxation
- Trusts
- Investment Management
- Portfolio Management
- Equity Finance
- Investment
- Systems
- Accountants
- Tax compliance
- Tax
Course programme
OEIC & Unit Trust Accounting
Content
- Introduction to OEICS & Unit Trust Accounting
- Comparison: OEIC v UT.
- SORP & impact of IAS
- Recording Investment Activity
-Trial Balance. Balance Sheet. Statement of Assets and Liabilities
- Statement of Total Return
- Statement of Movement in unitholders'/investors' funds
- Recording Creations and Cancellations: Income Equalisation
- Accounting for Equity Investments
- Accounting for Fixed Income Investments
- Statement of Material Portfolio Changes
- Accounting for Futures and Options Overview
-Capitalisations and Corporate Actions
- Accounting for Investment Income
- Pricing and Valuation Process including Multi-Manager & taxation positions
- Distribution Statement
- Distribution Rate / Factor calculation
- Taxation
- Corporation Tax: Overseas Tax deferred tax
- Notes to the Financial Statements, including Gains (Losses)
- Commission - Soft/Rebates/Statements
- Reports of Manager, Directors, ACD / Trustees, Auditors
- Half-yearly v. Annual and short form v. Long form
- IAS explanation
Additional information
OEIC & Unit Trust Accounting