Financial Reporting Requirements for Investment Circulars Course

 Location: London (Central)

In April 2010, a new Listing Regime will become effective in the UK, introducing the possibility of UK companies having a Standard Listing.

This course looks at 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:Accounting & Finance Courses, Corporate Banking Courses, Legal Compliance Courses, Accounting & Finance Inhouse, Legal / Compliance Inhouse

COVERED TOPICS

CHANGES IN MARKETS AND REGULATION

• Market development
• The Official List, AIM and PLUS
• CESR
• 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

• 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?

PROCEDURES FOR ALL ENGAGEMENTS

• SIR 1000
• Ethical Standard for Reporting Accountants

ACCOUNTANTS’ REPORTS IN INVESTMENT CIRCULARS

• Historical financial information
  • Requirements for prospectus/AIM admission document
  • AIM carve outs
  • Complex histories
  • GAAP required
  • CESR recommendations
  • SIR 2000
  • Examples in prospectuses and AIM admission documents
• Profit forecasts or estimates
  • SIR 3000
• Pro forma financial information
  • SIR 4000
• Other Investment Circulars
  • PLUS circulars
  • Takeover documents

COMFORT LETTERS IN CONNECTION WITH INVESTMENT CIRCULARS

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

REGISTRATION & PRICING INFORMATION

Solicitors Regulation Authority (SRA) CPD Hours: 6

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

Registration price

575.00

Query Type

I want to book a seat on this eventI want more informationI have a questionI am looking for related / similar eventsI want this course as in-house courseI want to sponsor this eventI would like to speak on this eventOther

First Name

Last Name

Email

Telephone

Company

Job Title

Questions/ Additional Info

Price: 575.00 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