TRUST Accounting and Auditing Seminar - LEVEL I

TRAINER
Andrew McCallum - Partner at Rawlinson & Hunter

FINMA considers accounting to be a core activity for trustees. By means of a practical case study to illustrate the points being covered, the seminar shall:

• Address whether and why trust accounting is necessary
• Consider whether it is a legal requirement to prepare trust accounts
• Consider why trust accounts and tax numbers are very often different
• Investigate what are appropriate accounting policies to use in trust accounts
• Address whether separate income and capital accounts are necessary in the financial statements
• Review the contents of trust accounts, using a practical case study as an example
• Consider audits of trusts: what does your auditor actually do in an “audit” and what are the different types of audits available to you as trustees?

Who will benefit from the Trust Accounting Seminar? 
The seminar is for employees of trust companies who wish to improve their understanding of trust accounts, and how to drive value from trust audits. The seminar will be held in English.

SPEAKER CV
Andrew is a TEP and is trustee on various UHNW family trusts. He also leads a portfolio of accounting mandates for other trustees. He is a Chartered Accountant (ICAS) and a registered auditor in Switzerland. 
Andrew spends a significant of amount of time on voluntary activities, for example, he is Chair of the Swiss and Liechtenstein STEP Federation (2018-present), is Chair of the STEP Worldwide Professional Standards Committee, and is Treasurer and Committee member of both STEP Geneva and the Swiss Association of Trust Companies. Previously he was a Governing Board member, and Chair of the Audit and Risk Commission, of the International Federation of Red Cross and Red Crescent Societies, as well as being a member of the STEP Worldwide Governance Committee. He is a regular publisher of articles and speaker at conferences, and holds a MBA. He has been co-organisor of the STEP Switzerland and Liechtenstein Alpine Conference held annually in Interlaken since its inception.

CPD : 2 structured CPD hours.
 

Trust Accounting and Auditing Seminnar Level II (Advanced) will take place on Tuesday, 3 June 2025.  
Click HERE to register for Level II.