Investment Management: Transactions with Unit Holders

Understanding how investment companies account for capital share transactions is essential for professionals in the financial services industry. This investment management accounting CPE eLearning course (1.5 CPE credits) is part of the Investment Management Industry Fundamentals learning path. It provides a comprehensive overview of how to account for unit holder transactions and fees under U.S. GAAP within ASC 946.

This investment management accounting CPE course covers key topics, including:

• Accounting for investor fees – Learn how to record fees  related to capital share transactions, including the timing of recognition.
• Equalization & its impact – Understand the role of equalization in unit holder transactions and how it affects fund performance.
• Investment company capital structures – Explore common capital structures, their purpose, and their effects on financial statements.
• Financial reporting requirements – Identify how to allocate expenses based on different capital structures.

This investment management accounting CPE course is structured as follows:

This course is ideal for accountants, auditors, financial analysts, and investment management professionals looking to deepen their understanding of unit holder transactions and capital structures in investment companies under ASC 946.

Enroll today and enhance your expertise in investment management accounting under U.S. GAAP!

Interested in group discounts for your team? Contact us to learn more.

 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