Investment Management: Transactions with Unit Holders
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Description
Part of the "Investment Management Industry Fundamentals" learning path, this CPE-eligible, eLearning course (1.5 CPE) describes how capital share transactions are accounted for by an investment company in accordance with U.S. GAAP, along with the accounting for other fees incurred by unit holders related to capital share transactions. In addition, this online course explores the common capital structures utilized by investment companies, including the key impacts those structures have on the U.S. GAAP financial statements.
This course is included in the following collections:
Learning Objectives
By the end of this course, you should be able to:
- Identify investor fees and the required accounting, including the timing of recognition
- Recall the concept of equalization and its impact on unit holder transactions
- Recognize the main capital structures utilized by investment companies and why each of these structures is utilized
- List the financial reporting requirements that arise under each of the main capital structures, including how expenses are allocated
Additional Information
Last Updated | 10/01/2024 |
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CPE Credit | 1.5 |
Field of Study | Accounting |
Industry | Investment Management |
Instructional Delivery Method | QAS Self Study |
Knowledge Level | Intermediate |
Private | No |
Prerequisites | General knowledge of accounting for investment management entities under U.S. GAAP and/or completion of our eLearning course, Investment Management Industry Fundamentals: Industry Overview |
Advanced Preparation | None |
Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$180
ID: E-0WEW30
1h 30m