Author : AICPA
Release : 2018-09-26
Genre : Business & Economics
Kind : eBook
Book Rating : 182/5 ( reviews)
Book Synopsis Audit and Accounting Guide: Investment Companies by : AICPA
Download or read book Audit and Accounting Guide: Investment Companies written by AICPA. This book was released on 2018-09-26. Available in PDF, EPUB and Kindle. Book excerpt: Whether you are a financial statement preparer or auditor, it is critical to understand the complexities of the specialized accounting and regulatory requirements for investment companies. This 2018 guide provides authoritative how-to accounting and auditing advice, including implementation guidance and illustrative financial statements and disclosures. This guide is the industry standard resource, supporting practitioners in a constantly changing industry landscape packed with continuous regulatory developments. Updates include: References to appropriate AICPA Technical Questions and Answers that address when to apply the liquidation basis of accounting. Appendices discussing the new standards for financial instruments, leases and revenue recognition. Appendices discussing common or collective trusts and business development companies.