Why do industries need specific accounting rules? And where do you find it? Let’s explore what U.S. GAAP has to say!
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Investment companies have special accounting under ASC 946. This post discusses the accounting for perpetual debt by investment companies.
Investment funds commonly receive distributions from its investees. In this post, we discuss the challenges of the accounting under ASC 946.
Although many believe investment companies are exempt from income tax considerations, that is not always the case as we explore in this post!
Liquidation basis may be in play for certain Investment Companies. Find out what you need to know about ASC 205-30 in our latest blog.
Accounting for investment companies is set out in ASC 946. This post explores the unique accounting issues for these entities.
The accounting treatment of cryptocurrency highlights why U.S. GAAP remains preferable to IFRS as a basis of accounting for investment funds.
Private funds, including a fund of funds, must apply a look through test of indirect investments when preparing the Schedule of Investments.
Learn why accounting for investment companies is different under IFRS and U.S. GAAP (ASC 946) and what it means for you in practice!
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
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