Complete and restricted active space self-consistent field (CAS-/ RAS-SCF) wavefunction methods are applied for the calculation of circular dichroism (CD) and circularly polarized luminescence (CPL) of a series of molecules comprising four organic ketones, the chiral Cobalt(III) complex Λ-[Co(en) 3 ] 3+ and the Europium(III) complex [Eu(DPA) 3 ] 3 -. The abinitio results are in good agreement with the experimental data and previous results obtained with Kohn-Sham density functional theory in the case of the spin-allowed transitions. CD and CPL properties are calculated ab-initio for the first time for the spin-forbidden transitions of both a transition metal and a lanthanide complex. on a large set of organic compounds and on the spin-allowed transitions of some transition metal complexes. For instance, the experimental CD and CPL spectra of -camphorquinone and ( , )trans--hydrindanone were nicely reproduced when using TDDFT calculations with inclusion of the vibronic effects. 36 The results revealed that in both cases, the chiroptical properties arise from transitions between the and * orbitals of the carbonyl groups. Subsequently, Pecul and Ruud 37 applied TDDFT to a set of bicyclic ketones 38 and showed that the differences in sign and magnitude between abs and lum are essentially related to the structural differences between the ground and excited states. Based on a similar set of compounds, it was shown that equation-of-motion CCSD (EOM-CCSD) and TDDFT with the CAM-B3LYP functional provided similar accuracy for abs and lum , 39 while the popular B3LYP functional led to incorrect results in some of the emission properties.There is also a substantial body of research on the calculation of spin-allowed electronic CD spectra of transition metal complexes, where TDDFT remains the main computational tool. See, e.g., References 33, 40 and 41 for reviews and References 19, 42-50 for selected original studies. CPL calculations for transition metal complexes are scarce in comparison. A first attempt was made in 2008 by Coughlin et al. 21 with the use of TDDFT in combination with an approximate formulation of lum , in order to determine the chiroptical properties associated to the 0 ← 1 emission in a series of Iridium(III) complexes. Another attempt was made in 2013 with the use of multi-reference perturbative methods (CASSCF and CASPT2) on a cycloplatinated-[6]helicene compound. 19 Despite the ability of lanthanide complexes to exhibit the largest dissymmetry factors, no ab-initio calculations of CD or CPL properties have been performed yet. Theoretical work on lanthanide complexes has so far relied on CF models 51,52 in combination with the semiempirical Judd-Ofelt theory. 53,54 Recently, such CF based models were used to simulate the CD spectrum 55 and the Raman optical activity 56 of Ln-based compounds. TDDFT has been also used to calculate the CD spectrum of some Eu(III) and Yb(III) complexes, [57][58][59] but these studies focused on the UV-Vis part of the energy spectrum which corresponds mostly to intra-ligand ...