From 1 July 2012, the Prospectus Rules are being updated and, amongst other changes, it will be possible for companies making rights issues and smaller companies on AIM and the Official List to reduce the financial disclosures they have to make in the public documents.
This course looks at the full and “proportionate” financial disclosures required in public documents. It examines the financial reporting requirements of the Prospectus Rules and ESMA/CESR’s recommendations for AIM and the Official List companies.
The course both covers the public reporting assignments on historical financial information, profit forecasts and pro forma financial information, and also 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.
Changes in markets and regulation
Prospectus/AIM Admission Document
Premium, Standard and AIM – Key financial issues
Accountants’ reports in Investment Circulars
Comfort letters in connection with investment circulars
“The instructor was knowledgeable on the subject and it was an interactive session”