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Technical

Investment Companies - AICPA Audit and Accounting Guide Logo aicpa

  $149.00 - 189.00 |   AICPA |   Sep 2019 |   AICPA Store
Your industry standard resource.
Key Topics
  • The latest auditing and regulatory guidance specific to investment companies.
  • Background on the investment company industry as well as interpretive guidance for both new and existing rules.
  • “Best practice” discussion provided on several new and recurring complex industry-specific issues, including: investment valuation, financial instruments, capital accounts, BDCs, master-feeder funds, multi-class funds, UITs, separate accounts of life insurance entities, and many more. Illustrative reports on examinations of securities and controls at a custodian pursuant to Rule 206(4)-2 of the Investment Advisers Act of 1940.
Who Will Benefit?
  • This comprehensive guide has been designed to be beneficial for a wide range professionals, including those within the investment company industry, as well as those practicing in small, regional, and large accounting and auditing firms. The guide provides auditing considerations applicable for practitioners conducting audits of both registered and nonregistered investment companies (i.e. AICPA and PCAOB audits).

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.

Your industry standard resource, this 2019 edition supports practitioners in a constantly changing industry landscape. Packed with continuous regulatory developments, this guide covers:

  • authoritative how-to accounting and auditing advice, including implementation guidance and illustrative financial statements and disclosures;
  • details on the changes to illustrated financial statements and disclosures resulting from guidance that was recently-issued or became recently effective (for example, SEC's release, "Disclosure Update and Simplification"); and,
2019 updates include:
  • References to appropriate AICPA Technical Questions and Answers that address when to apply the liquidation basis of accounting.
  • Appendices discussing the new standard for financial

Finally, the guide features a schedule of changes which identifies where to find updated content and the associated reasons for the changes.

Topics covered:
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Intermediate
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Advanced
  • Management accounting: Technical: Financial accounting & reporting: Financial reporting & compliance, Intermediate
  • Management accounting: Technical: Financial accounting & reporting: Financial reporting & compliance, Advanced
  • Financial accounting & reporting: Technical: FASB financial accounting & reporting: Fair value, Intermediate
  • Financial accounting & reporting: Technical: FASB financial accounting & reporting: Fair value, Advanced
  • Assurance: Technical: Audit: Authoritative guidance, Intermediate
  • Assurance: Technical: Audit: Authoritative guidance, Advanced

1 Comments/Reflections

James Buenviaje

James Buenviaje Feb 2017

Back in 2014 version the paper quality is better. The 2016 paper back copy's paper quality is not good. It is too thin and hard to read due to the shadows from the words overleaf. Its small font made the reading worse.

I prefer paperback copy than the digital one. I hope printing department will do something about this plight.