Financial Reporting Requirements for Investment Circulars

 Location: London (Central)

In 2010, a new Listing Regime became effective in the UK, introducing the possibility for UK companies of having a Standard Listing. 

This course looks at the financial reporting assignments a reporting accountant has in Premium, Standard and AIM listings. It examines the financial reporting requirements of the Prospectus Rules, CESR’s recommendations and the listing rules for AIM and the Official List. 

In addition to the public reporting assignments on historical financial information, profit forecasts and pro forma financial information, the course looks at the situations where private reporting assignments and comfort letters are given..  

The course should be attended by those involved in Reporting Accountants’ work on Investment Circulars and those responsible for preparing financial information for the circulars.

Course categories:Corporate Finance Courses, Accounting & Finance Courses, Back Office Courses, Capital Markets Courses, Corporate Banking Courses, Equities Courses, Investment Banking / M & A Courses, Legal Compliance Courses, Operations Settlements Clearing Courses, Private Equity / Venture Capital, Back Office Inhouse Courses , Capital Markets Inhouse, Corporate Banking Inhouse, Corporate Finance Inhouse, Corporate Restructuring Inhouse, Legal / Compliance Inhouse, Risk Management Inhouse

COVERED TOPICS

Changes in markets and regulation

• Market development
• The Official List,  AIM and PLUS
• CESR/ESMA
• SIRs 

The new Listing Regime

• New categories: Premium and Standard
• Migration 

Prospectus/AIM Admission Document

• Prospectus requirement and exemptions
• Financial information and Accountants’ Reports required
• AIM and PLUS requirements 

Premium, Standard and AIM – Key financial criteria for Investment Circulars

• Superequivalent requirements
• Eligibility for new listing
• Class tests and Class 1 Circulars
• Reverse takeovers
• Related parties
• Role of Sponsor and NOMAD
• Comparison of financial reporting: Premium, Standard and AIM
• UK Standard Listing as alternative to AIM? 

Accountants’ reports in Investment Circulars

• Procedures for all engagements
• Historical financial information
• Requirements for prospectus/AIM admission document
• AIM carve outs
• Complex histories
• GAAP required
• Omissions
• CESR recommendations
• SIR 2000 and proposed revision
• Examples in prospectuses and AIM admission documents
• Profit forecasts or estimates
• When required
• SIR 3000
• Pro forma financial information
• When required
• SIR 4000
• Other Investment Circulars
• PLUS circulars
• Class 1 circulars
• Takeover documents
• SIR 1000
• Ethical Standard for Reporting Accountants and APB guidance

Comfort letters in connection with investment circulars

• Working capital
• Capitalisation and indebtedness statement
• Financial reporting procedures and consultation
• Other financial information in circular
• Significant changes and bring down
• SAS 72 type comfort

REGISTRATION & PRICING INFORMATION

Contact us if you are looking to book multiple participants as we offer discounts as follows:

• 1-2 participants - full price
• 3-4 participants - 15% discount
• 5-6 participants - 20% discount
• 7-8 participants - 25% discount
• Over 9 participants - 30% discount

For more information or to be contacted by the event provider please fill this form:

Registration price

750.00

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Price: 750.00 GBP
Location: London (Central)
Event date: 19.09.2012 - 19.09.2012
Event duration: 7h30
Event time: 09.30 h - 17.00 h

ADDITIONAL DATES

CONTACT US

Email: info@financialveritas.com

Phone: +44 208 133 5917