US GAAP for Investment Funds
US GAAP Framework Financial Accounting Standards Board (FASB)
o Accounting Standards and Codification
o AICPA Accounting and Audit Guide for Investment Companies
o Securities and Exchange Commission (SEC)
o Components, comparatives, interims
o Statement of assets & liabilities
o Statement of operations
o Statement of changes in net assets
o Statement of cash flows
o Schedule of investments
o Financial highlights
o Recognition and de-recognition
o Fair value measurement
o Fair value disclosures
o Fair value hierarchy
Derivatives and Hedging
o Income & expenses
o Accounting for Uncertainty in Income Taxes (FIN 48)-
US GAAP versus IFRS
|Enrolment and Start Dates Comment||Spring 2013
Please email firstname.lastname@example.org to register your interest.
|Course Content||This course prepares financial reporting professionals for producing financial statements for investment funds in accordance with US GAAP. The content is based on the relevant accounting standards and associated guidance and participants will use actual fund financial reports to help illustrate the reporting requirements under US GAAP.
Participants will be required to complete individual and group exercises throughout the day.
Who Should Attend?
|Further Enquiries||Louise Ryan
t: 01 605 1546