Subsequent Events Considerations for Investment Companies
Posted by John Braun Oct 21, 2021 9:44:17 PM
Preparing the Financial Statements
As part of the preparation of financial statements, Management should actively search for events occurring and information available after the fiscal year-end but before financial statements are issued– commonly known as subsequent events. In the context of an investment company, most subsequent event considerations of a material nature are one of a handful of events – for example valuation of investments, litigation, liquidation or reorganization, or significant capital changes.
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