FMN Accounting

FMN - 2022/June, Seg 2 - What Accountants Need to Know About SPACs

Special purpose acquisition companies, SPACs, have become the next big thing in equity markets. By providing a lower-barrier alternative, these companies have become, in some ways, the main way companies go public today. Josh Schaeffer, Head of Complex Securities Valuation with Equity Methods, explains everything you need to know about SPACs and provides an update on the latest developments related to this investment vehicle.

Learning Objectives:

  • Interpret the overall SPAC model;
  • Determine the features in SPAC warrants that may result in liability treatment;
  • Distinguish how an FPA, a PIPE and convertible notes work; and
  • Recognize why CPAs need to know about SPACs.


Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.


Speaker / Author:

Josh Schaeffer is a director and practice leader for Equity Methods' valuation practice. He leads the delivery of valuation and advisory services related to complex securities. Besides complex securities, Josh brings his academic and practical experience in economics, finance, and statistics to a range of other challenges. One is helping companies assess pay equity. Another is determining median employee compensation for purposes of CEO pay ratio calculation. He enjoys solving unique problems and mentors employees who share this aptitude. He holds a BA in economics and math from the University of Rochester and a PhD and MBA in finance from the University of Chicago Booth School of Business.

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Price (USD)

Standard: $69.90

Details

Course Code : FMN1449-FM

Release Date : 06/10/2022
Expire Date : 01/14/2024
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting


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