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Publications

Investment Companies - Audit and Accounting Guide

Publisher: AICPA
  • $99.00-$129.00
    Investment Companies - Audit and Accounting Guide In Stock Product #: AAGINV16P
    AICPA Member: $99.00
    Non-Member: $129.00
  • $69.00-$89.00
    Investment Companies - Audit and Accounting Guide eBook Download Product #: AAGINV16E
    AICPA Member: $69.00
    Non-Member: $89.00
  • $69.00-$89.00
    Investment Companies Audit Guide Online Access Product #: WIN-XX
    AICPA Member: $69.00
    Non-Member: $89.00

This industry standard resource provides authoritative how-to accounting and auditing advice to help practitioners stay abreast of current regulatory requirements within this constantly changing industry.

This 2016 edition provides best-practices, interpretive guidance and illustrative reports on topics such as investment valuation, financial instruments, capital accounts, BDCs, master-feeder funds, multi-class funds, UITs, separate accounts of life insurance entities.

Appendices discussing the new revenue recognition and leases standards, and common or collective trusts and business development companies are included.

Key Benefits:

  • 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

Updates:

  • Appendices discussing the new revenue recognition and leases standards
  • Appendices discussing common or collective trusts and business development companies

Who Will Benefit:

This comprehensive guide has been designed to be beneficial for a wide range of 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).

Information about the eBook option

If purchasing this title as an eBook, please note that it is intended for a single user. An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 180 days from the purchase date. Download the file before this time elapses. Before downloading your eBook, you must:

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  • Return to the AICPA Store and go to My Account > My Downloads
  • Click the eBook title to download and open automatically in Adobe Digital Editions

Note: To access your eBook on a smartphone, tablet or other reading device, see our FAQ. This product is refundable within 10 days of your purchase date. For more information about this product or service concerns, please contact the AICPA Store Service Center at service@hq.cpa.com or call 888-777-7077.

System Requirements

About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.