PROFESSIONAL DEVELOPMENT

Every year CIIPA's training committee develops a calendar of training to meet the diverse needs of our membership and support their professional development. As a full member of IFAC, CIIPA is committed to ensuring our members are able to meet the International Education Standards which are set by the International Accounting Education Standards Board (IAESB). 


Upcoming events

    • 03 Sep 2020
    • (UTC-05:00)
    • 30 Sep 2020
    • 11:59 PM (UTC-05:00)
    • Your Neighbourhood
    Register

    CIIPA Introduces the 1st historic Conquer COVID-19 Charity Virtual Run/Walk. You can run, jog, or walk anytime and anywhere and everyone is welcome! This year we invite runners and walkers of all levels to partake in our first ever virtual run/walk event which will benefit Resilience Cayman.

    Resilience Cayman is a volunteer-run initiative whose mission is to build a sustainable food economy. One where all residents of the Cayman Islands are able to contribute to the development of a thriving community should a crisis hit. Their programs include food support, financial coaching, youth leadership, and farm direct. To learn more, please visit https://resilience.ky/ 

    How to Complete the Virtual Run/Walk 

    1. Register to run the Conquer COVID-19 Virtual Charity Run/Walk, include your t-shirt size for our exclusive CIIPA Virtual Run commemorative tee, available for pick up after the event.. 

    2. Run or walk your chosen distance from today until the closing date, September 20th! You can run indoors, outdoors, or on your treadmill. Registration closes September 29, 2020.

    3. Submit your distance and time to be added to our Conquer COVID-19 Virtual Results. The results are just for fun but you will be able to see where you rank. 

    4. Don’t forget to show off your achievement by sharing your photos and tagging us on Instagram @ciipa345 and Facebook @CIInstituteofProfessionalAccountants 


    • 18 Sep 2020
    • (UTC-05:00)
    • 25 Sep 2020
    • (UTC-05:00)
    • 2 sessions
    • Online

    This is a two part series over two half days - 18th and 25th September, 2020, 9am - 12:30pm.

    Introduction: With the recent introduction of the Private Funds Law to the Cayman Islands, Cayman-domiciled private equity funds are now required to submit audited financial statements annually with CIMA. This virtual 2-day offering will offer practitioners a deep dive into private equity investing and its nuances compared with mutual fund investing.

    Speaker: David Oakes - David has over 25 years' experience in financial markets education. Before moving full-time into training and consulting, David was Director of Academic and Professional Education at the ICMA Centre at the University of Reading in the United Kingdom, and Lecturer in Finance at Warwick Business School, the University of Reading and the University of Exeter.

    Overview: In part 1 of this course, we describe the legal, administrative and financial structures used by private equity funds to meet their investment objectives and explain private equity investment strategies related to venture capital, buyouts, and growth equity. In part 2 of the course, we discuss important issues related to asset valuation, performance measurement, risk management and reporting for private equity funds. In each of these areas, we identify possible sources of conflict and misunderstanding and describe best-practice solutions to commonly encountered problems. Additional sessions in Part 2 look more closely at how private equity funds are responding to increased investor concern about environmental, social, and governance (ESG) issues and discuss recent trends and likely future developments in private equity.

    Learning Objectives:

    Click here for the complete course outline and learning objectives.

    Prerequisites: Basic Industry Knowledge

    Programme level: Foundational to Intermediate

    Advanced preparation: None

    Who should attend: Any practitioners affected by the new Private Funds Law or that want to build their knowledge of private equity investing (particularly fund administrators and auditors).

    Delivery Method: Virtual Classroom

    CPE credits (NASBA approved): 7 for both half-day sessions (Please note CPE certificates will be issued to each registered and attended participant).

    CIIPA Member: KYD$280

    Non-Member: KYD$330

    Refund policy: Due to high standing costs, no refunds will be issued. If you are unable to attend and wish to send a replacement, please notify CIIPA at admin@ciipa.ky no later than 24 hours prior to the event.

    • 23 Sep 2020
    • 10:00 AM - 12:00 PM (UTC-05:00)
    • Online
    Register

    Description/Overview:

    This course will provide a brief refresh on the basics of insolvency procedures in the Cayman Islands while exploring some of the more advanced and complicated aspects of a liquidation process and the challenges faced working in an offshore jurisdiction.


    Learning Objectives:

    To provide an understanding of the basic principles and processes of liquidations in the Cayman Islands and an overview of some of the more advanced scenarios arising in insolvency proceedings. The course will provide an awareness of common challenges faced by liquidators and key strategies for success. Topics to be discussed include:

    • Summary of liquidation processes and objectives
    • Importance of and the challenges in relation to obtaining books and records
    • Cross border insolvency and recognition of Cayman Islands proceedings
    • Role of a liquidation committee
    • Creditor claims and distribution considerations
    • Investigations
    • Litigation - challenges, pitfalls, reasons to pursue
    • Funding in insolvent or cash stripped estates

    Presenters:

    James McGrath,  Assistant Manager, R&H Restructuring James | James has worked as a restructuring accountant for over 8 years, working in the jurisdictions of Australia, UK and the Cayman Islands. His experience includes dealing with the trading of a number of businesses of varying size, investigating and pursuing bad actors for the recovery of assets through litigation, negotiating funding agreements, as well as producing a number of forensic accounting reports for clients. 


    Neema Griffin, Senior Manager, KPMG | Neema has over 14 years of insolvency experience with specialism in contentious and complex insolvencies, involving high value litigation, fraud investigations and international asset tracing, personal bankruptcies and fund insolvencies. Neema started her career in the UK and has been working in Cayman since 2015.

    Prerequisites: Basic understanding of insolvency.

    Advanced preparation: N/A

    CPD Credits: 2

    Cost: KYD 40 CIIPA Members, KYD 50 Non-CIIPA Members


      • 02 Oct 2020
      • 10:00 AM - 1:00 PM (UTC-05:00)
      • Online
      Register

      Description/Overview:

      With the recent introduction of the Private Funds Law to the Cayman Islands, Cayman-domiciled private equity funds are now required to submit audited financial statements annually with CIMA. This virtual course will focus on the impact of the new law on audit practitioners, particularly relating to the effects of the most recent regulation updates and the key auditing and financial reporting considerations for private equity structures.

      Speakers:


      Dan Jones, Audit Director, KPMG

      Jackie Kirk, Audit Director, PWC

      Dianne Trebble, Senior Manager, KPMG 

      Marina Caruntu, Senior Manager, EY

      Learning Objectives: 

      • Background and update on the recent Private Fund Law
      • Key differences between hedge funds and private equity funds
      • Common fund structures and auditor considerations
      • Financial reporting considerations
      • Auditing valuation & existence of private equity investments
      • Auditing fees

        Who should attend: 

        Auditors and Administrators

        CPD Credits: 3

        Cost:

        CIIPA Member: KYD$50

        Non CIIPA-Member: KYD$60

        • 22 Oct 2020
        • 9:30 AM - 11:45 AM (UTC-05:00)
        • Online

        Description/Overview

        This course will provide an update on the latest developments impacting the insurance industry, including audit, tax and regulatory updates. The panel of speakers will focus on the impact of COVID-19 on the Insurance Industry and the upcoming CIMA Cyber Security Regulations.

         

        Speakers:  

        Isabel Gumeyi, PwC

        Garrett Santi, EY

        Mina Leist, Deloitte  

        Gretchen Hammes, KPMG


        Learning Objectives:

        Insurance update for both industry and audit professionals.


        Who should attend:

        Insurance industry professionals, accounting staff and directors for insurance companies.


        CPD Credits: 2


        Cost:

        CIIPA Member: 50 KYD

        Non-member: 60 KYD

        Important notice:

        • Due to cost incurred, no refunds will be issued without notifying us (at least 24 hours prior to the event). If you wish to send someone in your place, please email admin@ciipa.ky.
          • 29 Oct 2020
          • 10:00 AM - 12:30 PM (UTC-05:00)
          • Online
          Register

          Description/Overview:

          Keep up-to-date with the latest developments in tax and regulatory environment. Topics will include tax issues important to both Cayman Islands and US investment industry.

          Speakers:


          Blaise B Ting, Associate Partner, EY

          Christopher J Larkin, Associate Partner, EY

          Lucy Muyanga, Senior Manager, EY

          Christine M Bowers, Manager, EY

          Emily B Simpson, Senior Manager, EY

          Learning Objectives: 

          • CARES/HEROES legislation – impact on entities and personal taxpayers
          • FATCA/CRS
          • Information reporting
          • BEPS Pillar 2.0 update
          • Captive update
          • Election outlook 

            Who should attend: 

            Professionals and leaders in financial services

            CPD Credits: 2

            Cost:

            CIIPA Member: KYD$50

            Non CIIPA-Member: KYD$60


              • 05 Nov 2020
              • 10:00 AM - 11:30 AM (UTC-05:00)
              • Online

              Stay tuned - more details to come!

                • 11 Nov 2020
                • 1:00 PM - 4:00 PM (UTC-05:00)
                • Online
                • 50

                More details to come!


                  • 13 Nov 2020
                  • 12:30 PM (UTC-05:00)
                  • North Sound Golf Club

                  Stay tuned for more details!

                  • 03 Dec 2020
                  • 9:00 AM - 5:00 PM (UTC-05:00)
                  • Online

                  More details to come!



                +1 (345)749 3360admin@ciipa.ky

                Powered by Wild Apricot Membership Software