ATTENDEES

Who is the course aimed At - Additionally, Pension Fund Accounting can benefit individuals working in the HR and payroll departments of companies that offer pension plans. Understanding the accounting principles and regulations that govern pension funds is crucial for ensuring the financial stability and sustainability of these plans. This course provides the necessary knowledge and tools to effectively manage pension fund accounting.

This training course is also ideal for individuals who are interested in pursuing a career in pension fund accounting. It provides a comprehensive overview of pension fund operations, investments, and financial reporting, making it a valuable learning experience for those looking to enter this field. With the demand for pension fund professionals on the rise, completing this course can open up a variety of career opportunities.

AGENDA

Course Agenda - Introduction to Pension Fund Accounting, Valuation concepts - the actuarial principle - reserving and asset allocation, Fixed interest - amortisation - matching accruals - held for sale and to be held to redemption, Conversions and asset switching, Memorandum Accounting, Equity holdings - private shares and unit trusts and OEICS, Principle of income & capital including tax credits and income tax deduction, Foreign income and holdings, Double tax credits and systems of taxation reclaims, The use of derivatives in Pension Funds - including Swaps - OTC contracts - embedded derivatives, SORP accounting and the impact of the international provisions, The impact of IAS and IFRS when applied voluntarily, Hedging vs non-Hedging accounting.

The course will cover the basics of Pension Fund Accounting, including valuation concepts and the actuarial principle. Participants will also learn about reserving and asset allocation, as well as fixed interest, amortisation, and matching accruals. The course will also cover conversions and asset switching, as well as memorandum accounting.

Participants will gain an understanding of equity holdings, including private shares, unit trusts, and OEICS. The principle of income and capital, including tax credits and income tax deduction, will also be discussed. Additionally, the course will cover foreign income and holdings, as well as double tax credits and systems of taxation reclaims.

The use of derivatives in Pension Funds will be explored, including swaps, OTC contracts, and embedded derivatives. Participants will also learn about SORP accounting and the impact of international provisions. The course will also touch on the impact of IAS and IFRS when applied voluntarily, as well as the differences between hedging and non-hedging accounting. By the end of the course, participants will have a comprehensive understanding of Pension Fund Accounting and be equipped with the necessary skills to apply it in their roles.

CERTIFICATION

Course Accreditation - Upon successful completion of the Pension Fund Accounting training course, candidates will receive a temporary certificate of attendance from Xyz Training Group. This certificate serves as proof that the candidate has completed the course and has gained knowledge and skills in the area of pension fund accounting.

In addition to the temporary certificate, National Training Card NTC members will also have their accreditation automatically added to their account. This means that the candidates achievement will be recognized by NTC, a reputable and widely recognized training accreditation body.

The Pension Fund Accounting training course is part of the Accountancy family of training courses. By attending and passing this course, candidates will not only gain a valuable skillset, but also earn a certificate that is recognized within the accountancy industry. This can enhance their professional credibility and open up new career opportunities.

JOINING

Joining Instructions - The Pension Fund Accounting training course lasts for 2 days. No pre-course requirements, but basic accounting knowledge is recommended. Photo ID is not required, but bring identification for registration. Business casual attire is appropriate and bring a notepad and pen.

No PPE or equipment is needed for the Pension Fund Accounting course. The focus is on learning accounting principles. Photo ID is not necessary, but bring identification for registration. Wear business casual attire and bring a notepad and pen.

The Pension Fund Accounting course is 2 days long with no pre-course requirements. Bring identification for registration, but photo ID is not necessary. Business casual attire is recommended and a notepad and pen for note-taking. No PPE or equipment is needed.

The Pension Fund Accounting course is 2 days long with no pre-course requirements. Bring identification for registration, but photo ID is not necessary. Business casual attire is recommended and a notepad and pen for note-taking. No PPE or equipment is needed.

If you choose to book online you will immediately be confirmed on the course. You will also be automatically sent a full course information pack, receipt of payment and a VAT invoice by email.

WHY XYZ

Further Information - Pension Fund Accounting is a crucial aspect of any business, and staying up-to-date with the latest regulations and practices is essential for success. Thats why enrolling in a training course with Xyz Training Group is a smart choice for both candidates and clients. With our extensive experience and expertise in the field, we are able to deliver high-quality training that meets the needs of individuals and groups alike..

Our Pension Fund Accounting training course is part of our Accountancy family of courses, which means that it is specifically designed to cater to the needs of professionals in this industry. Our trainers are highly qualified and have years of practical experience, ensuring that the course material is relevant and engaging. Plus, with our flexible delivery options, you can choose to attend our open course at one of our 50+ centres or have a dedicated course set up for your team..

At Xyz Training Group, we understand the importance of value for money. Thats why we offer our clients our unique Lowest Price Guarantee. This means that you can be confident that you are getting the best deal for your training needs. We believe that investing in your teams knowledge and skills should not break the bank, and our guarantee reflects that..

By enrolling in our Pension Fund Accounting training course, you and your team will gain a comprehensive understanding of the latest regulations and best practices in pension fund accounting. This will not only improve your teams performance but also give your clients peace of mind knowing that their finances are in capable hands. With our personable and engaging style of training, you can be sure that you and your team will leave our course feeling confident and ready to take on any challenges in the world of pension fund accounting..

We're also proud to offer all clients our lowest price guarantee and free use of our award winning Training Management System