Overview   

A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the private equity investment strategies.  Private equity funds are essentially fund accounting working with financial instruments and a variety of investors.   

What governs private equity funds and how is the accounting for them performed?  

This session answers the above question and aims at giving an understanding of the private equity funding model from the legislation to the accounting.  All the unique characteristics of this collective investment scheme are highlighted and discussed in full. Join Caryn Maitland CA(SA) on 17 November 2021 from 9:00 a.m. to 11:00 a.m. as she discusses intricate details of private equity funds. 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAIBA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

Learning objectives and competencies developed 

Competencies developed in this CPD webinar include: 

• An understanding of what an investment scheme is. 

• An understanding of investment decisions. 

• An appreciation of tax law implications of private equity funds. 

• A consideration of SARS' viewpoint on private equity funds. 

• An understanding of how to account for a private equity funding entity. 

Content 

The webinar will cover the following topics:  

• The Collective Investment Schemes Control Act - An overview.  

• What is private equity funding? 

• Accounting for financial instruments: 

  • IFRS 9. 

  • IFRS for SMEs. 

• Fund accounting. 

• Tax implications. 

About the presenter 

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. 

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics.  

Caryn has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  She is also involved with the annual SAICA SMP Technical tour. 

Who should attend? 

The following persons will benefit from attending this webinar: 

• Professional Accountants including: RA(SA), CA(SA), PA(SA) and BAP(SA). 

• Accounting officers. 

• Trainee accountants. 

Price            

• R 475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.