Trust Accounting and Auditing Seminar

The Swiss Association of Trust Companies in conjunction with STEP invite you to a
Trust Accounting and Auditing Seminar

SPEAKER
Andrew McCallum

TOPIC
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 and underlying company 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 is the Trust Accounting Seminar for?
The seminar is for trustees 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 Chartered Accountant (ICAS) and a registered, qualified auditor in Switzerland.
He is a trustee and member of several professional bodies, notably being Chair of the Swiss and Liechtenstein STEP Federation (2018-present), Treasurer and a committee member of STEP Geneva and the Swiss Association of Trust Companies, member of the STEP Worldwide Governance Committee, and is Vice-Chair of the Audit and Risk Commission of the International Federation of Red Cross and Red Crescent Societies. He is a regular publisher of articles and speaker at conferences, holds a MBA and in his spare time enjoys long-distance triathlons. He has been co-organisor and chair of the STEP Switzerland and Liechtenstein Alpine Conference held annually in Interlaken since its inception.
Andrew is Senior Partner of Rawlinson & Hunter in Switzerland, splitting his time between Geneva and Zurich.

STEP OFFICE Zug
Claudia Kaplan
Events/Admin