EY AIF Club – Transactions in foreign currency under Lux GAAP

The objective of this session is to help fund accountants and controllers gain a deep understanding of the Luxembourg GAAP requirements relevant to the translation of transactions in foreign currency. Through the presentation of relevant examples and case studies, we also discuss the most common mistakes generally made when reporting transactions in foreign currencies.

Training content is specifically designed to include questions, examples and discussions in order to give the opportunity to the participants to process the information they receive, and for us to determine how well they understand it.

Agenda

1. Legal and regulatory framework
2. CNC doctrine
3. Selection of presentation currency
4. Recording of transactions in foreign currency
5. Foreign exchange hedging and how to record it
6. How to disclose the currency risk to investors
7. Most common reporting pitfalls

Fee quote and maximum participants

The fee is €650. The Early bird rate will be €550 (applicable if registration is made by 16 June 2025).

Please note that there are 30 seats available for attendees should you want to add more participants from respective Company or professional circle.

Participation and registration

The training will be held in person at EY Luxembourg premises. The course attendees will be limited to a maximum of 30 people to ensure an effective training delivery.

This event is usually fully booked and pre-registration is required. If you wish to register, please provide the following information in the registration form:

1. Complete professional contact details
2. Your job title and organization
3. Billing details including name of recipient, email address, business address and VAT number 

Registration conditions

Your registration is valid for yourself or one delegate only. 

Confirmation and payment

A confirmation email will be sent upon receipt of registration to the registrant. The confirmation email is your pass for attending the event.

The invoice will be prepared and sent by email to the billing contact provided during the registration process. Our team may contact you for any additional information required for invoicing purposes. Please be informed that this procedure could take a few days. Please note that the invoice is due to paid immediately on receipt and latest by the day of training.  

Cancellations

Must be made in writing and sent to Sofia Ricotti. If the cancellation is received 7 business days before the training day, the registration fee will be reimbursed in full. For cancellations received after this date, or if registrants fail to attend, the full cost is due and no refund will be made.

For any questions regarding your registration, name changes, invoicing, last minute attendance: please contact Sofia Ricotti.

Speakers

• Valerio Bove, Partner, Accounting, Compliance and Reporting, EY Luxembourg
• Caroline Nicoletti, Director, IFRS & Luxgaap technical desk