Review of SICAV accounting schemes

Our customer has included SICAVs (Sociétés d'Investissement à Capital Variable - open-ended investment companies) in its range of investment products in order to diversify its financial products. During the audit of the accounts, an anomaly was detected concerning the accounting scheme applied to operations linked to these SICAVs. This finding necessitated a complete overhaul of the accounting scheme to ensure that it was faithfully represented and complied with accounting standards. The main objective of the assignment was to diagnose the current situation, validate the target of the corrected accounting scheme and support its implementation in the information system.

The mission was divided into several key phases: firstly, an in-depth diagnostic was carried out to understand the anomaly identified during the audit and validate the target accounting scheme to be adopted. Next, support was provided for the technical implementation of the corrected accounting schema within the SAGE X3 ERP, which involved specific parameterization and integration tests. In addition, detailed documentation was produced to trace the discrepancies observed over the reporting period, thus providing a clear framework for validating accounting adjustments. Close collaboration with the customer's financial and IT teams was maintained throughout the project.