IFRS 9 significantly amends financial instruments accounting. Our eLearning provides an efficient overview of the standard capturing its key concepts. Read More ...
Distributions from an investment: How hard can it be?
Jan 18, 2022Investment funds commonly receive distributions from its investees, but determining how they are accounted can be a challenge. Read More ...
How to apply the PAA approach based on “premiums received”
Dec 21, 2021The PAA simplifies IFRS 17, but measures based on “premiums received”, a change from how short duration contracts have historically been accounted for. Read More ...
Loan participations vs. syndications: What’s the deal?
Jun 29, 2021Loan participations and syndications are different types of lending transactions with unique accounting and reporting issues. Read More ...
Crypto-assets: “Doge” the FASB plan to do anything about them?!?
Apr 20, 2021Crypto-assets utilizing blockchain are now held for various reasons by companies, but the FASB has yet to tell us how to account for them. Read More ...
Accounting for PIPEs… the answer doesn’t have to be a pipe dream!
Mar 30, 2021Investment companies have been investing in PIPEs as part of the recent explosion of SPACs, but how are these investments accounted for under ASC 946? Read More ...
The FASB doesn't like bad surprises... so you'd better avoid them!
Jan 26, 2021ASU 2017-08 clarifies the accounting for amortization of the premium on purchased callable debt securities bringing headaches to those affected by it! Read More ...
Impact of underwriter lock-ups fair value of equity securities
Dec 08, 2020Views on how restrictions on financial instruments impact the determination of fair value are evolving, potentially changing current practice for investment companies under ASC 946. Read More ...