This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Report on IFRS for investment funds

  • 0812investmentfunds.jpg Image

07 Jan 2009

Deloitte (United States) has published IFRS for Investment Funds: More Than Just Accounting and Reporting.

The report provides regulatory background and steps to consider moving forward, including the following sections:
  • Industry Views on IFRS for Investment Funds
  • Challenges and Opportunities for Investment Funds
  • Your Roadmap
  • Technical Accounting Issues for Investment Funds
  • More Than Accounting and Financial Reporting
  • Smoothing the Transition
  • Time for Leadership
  • Resources & Contacts
The report points out that an IFRS conversion is not primarily an exercise in reshuffling the chart of accounts, nor is it principally a technical accounting and financial reporting matter. Companies are likely to spend significant amounts of time addressing concerns around tax, valuation, legal and compliance, people, technology, and communications. And the impact of consolidation differences will likely have a significant impact on private equity funds and the companies that manage these funds.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.