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US GAAP Compliant Financial Reporting

Course Provider

PricewaterHouse Coopers

Dates

Commencing Autumn 2010

 

Venue

Pricewaterhouse Coopers, IFSC, Dublin 1

Course Fees

Full Fee: €530

Network Members Fee: €370

CPD Hours

TBC

Course Objectives

The objective of the course is to provide participants with a working knowledge of US GAAP as it applies to investment funds. It will focus on the components of the primary statements and on key disclosures in the financial statements.

Who Should Attend?

The course is suitable for people who prepare financial statements under US GAAP and those who need to understand financial statements prepared under US GAAP.

The format of the course will include presentations, exercises and question and answer sessions.
Participants will be given exercises to work through during the day and will be given example US GAAP  disclosures.

COURSE CONTENT

  • INTRODUCTION TO THE US GAAP FRAMEWORK
  • SCHEDULE OF INVESTMENTS
  • TATEMENT OF OPERATIONS
  • STATEMENT OF ASSETS AND LIABILITIES
  • STATEMENT OF CHANGES
  • STATEMENT OF CASHFLOWS
  • STATEMENT OF FINANCIAL HIGHLIGHTS
  • NOTES TO THE FINANCIAL STATEMENTS, INCLUDING DISCLOSURE OF KEY ACCOUNTING POLICIES
  • FAS 150 ACCOUNTING FOR CERTAIN FINANCIAL INSTRUMENTS WITH CHARACTERISTICS OF BOTH LIABILITIES AND EQUITY
  • FAS 157
  • FIN 48
  • ASC 815 (formerly FAS 161)

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