Audit evidence, professional judgement, documentation, even referencing, audit risk, Funds Training: Be familiar with of the Investment Funds industry in Luxembourg (introduction to the concepts, advantages and disadvantages, legal environment, types of funds, importance of funds industry in Luxembourg, etc); Have a general overview of the Investment Funds legal framework; Be familiar with the various types of investments that can be found in a fund (what do they represent, what are the rights attached/obligations and a brief explanation of how they are valued); Be familiar with the different service providers of investment funds + accounting cycles for significant accounts of investment funds (subscriptions, redemptions, purchases & sales); Be familiar with the different kind of Management Company for Investment Funds; Have an understanding of CSSF Circular 2002/77 & CSSF Circular 2002/81 (LFR); Have a general understanding of investment restrictions; Understand the audit risks related to the main derivatives; Be familiar with the valuation of derivatives; Set up Analytical review of NAV/shares of investment Funds; Use basics functions of Bloomberg; Review Financial Statements of Investment Funds; Audit Financial Statements captions of Investment Funds;
Although you are assigned to work in the funds audit group, your performance manager offers you at the beginning of the internship to look for an opportunity to get an insight into the banks audit. You are happy to get this offer and agree. After 3 months, the manager of your current job...
Internship at KPMG Luxembourg
Presentation of Traineeship with KPMG Luxembourg– 15.01.2012-30.06.2012Natalie Witzmann02.07.2012