Special Purpose Acquisition Companies (SPACs): Structuring & Accounting (US GAAP and IFRS)
Join Our Comprehensive Two-Day in-person workshop on SPACs in Washington DC: Structuring and Accounting under US GAAP and IFRS. Are you a financial professional, accounting practitioner, lawyer, or stakeholder looking to deepen your understanding of Special Purpose Acquisition Companies (SPACs)? Our two-day workshop in Washington DC is designed to equip you with in-depth knowledge of SPAC structures, regulatory requirements, and accounting considerations under both US GAAP and IFRS.
Why SPACs? Understanding Their Rise and Importance
SPACs have become a popular alternative to traditional IPOs. This course provides a thorough understanding of SPAC structures, including the key players involved and the capital-raising process. You will explore the various stages of a SPAC transaction. Additionally, you’ll gain insight into the different types of SPACs, their unique features, and the associated risks and benefits.
Comprehensive Coverage of Accounting and Financial Reporting
Our expert instructors will guide you through essential accounting and financial reporting requirements for SPAC transactions under both US GAAP and IFRS. You will learn about financial statement preparation, disclosure requirements, and necessary regulatory compliance. The course also covers the accounting treatment for SPACs and related transactions. You will gain a solid grasp of the intricacies involved.
Mastering the Structuring of Equity Instruments in SPAC Transactions
Understanding the structuring of equity instruments is crucial in SPAC transactions. This course provides detailed knowledge of the various equity instruments used, including common stock, warrants, and rights. You will explore the unique features, risks, and legal considerations of each instrument. Our instructors will guide you through the pricing, allocation, and disclosure requirements, ensuring you are well-versed in the structuring process.
Achieve Practical Understanding and Confidence in SPAC Transactions
By the end of this course, you will have a practical understanding of SPAC structures, accounting considerations, and regulatory requirements under US GAAP and IFRS. You will be equipped with the knowledge and skills to navigate the complexities of SPAC transactions with confidence.
Key Learning Features
- Gain a comprehensive understanding of SPACs and their role in the financial market
- Learn the various structuring techniques used in SPAC transactions
- Understand the regulatory requirements and disclosure considerations involved in SPAC transactions
- Understand the accounting treatment of SPAC transactions under US GAAP and IFRS
- Learn how to prepare financial statements for SPAC transactions, including pro forma financial statements
- Explore the role of auditors in SPAC transactions and understand the audit requirements
- Gain practical insights into SPAC transactions from industry experts and practitioners
- Participate in interactive case studies and group discussions to apply your knowledge and skills
- Develop a network of peers and industry professionals in the SPAC space.
Our Global SPAC Program Schedule
Chicago | Miami | London | Singapore | San Francisco | Zurich | Toronto | Las Vegas | Seattle | Washington DC | Dallas | New York City | Online
For more information
Thank you for your interest in our SPAC Accounting & Structuring: Mastering US GAAP and IFRS course! To register or learn more about our program, please contact our customer service team. They are available to assist with any questions you may have, including pricing, schedule, location, and the registration process.
You can easily reach us via phone, email, or online chat. We are here to help you advance your professional development and ensure you have an exceptional learning experience.
Instructor Bio
Our trainers have specialist knowledge and first-hand experience in implementing the International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Generally Accepted Accounting Principles (USGAAP), UK GAAP, Risk management strategies, Valuations, Mergers & Acquisitions, Corporate Governance, Environmental, social, and corporate governance (ESG) reporting, Supply Chain Management, Prudential regulations, Compliance matters (such as Basel regulations, Solvency II, Anti Money Laundering regulations and a number of other evolving regulatory matters) and a whole range of professional development programs (e.g., Negotiations Skills, Presentation Skills, Data Management, Python, Block-Chain, Digital Assets, Becker CPA etc.)
This ensures an engaging and stimulating learning experience for professionals and senior executives, helping to ensure knowledge is retained. They understand the accounting and regulatory requirements, risk environment, industry issues and challenges, risk management strategies, financial reporting & disclosure requirements, and compliance environment. They impart their knowledge using real-life industry examples, simple and user-friendly presentations of important concepts/approaches and case studies.
Instructor for this course
Shasat Faculty
Our Partners
Our Partners in Learning
Course Description
Session 1: Introduction to SPACs
- What are SPACs and how do they work?
- Regulatory framework and market trends
- Case studies of successful SPAC transactions
Session 2: Structuring SPAC Transactions
- SPAC formation and initial public offering (IPO) process
- Equity instruments issued by SPACs: common stock, warrants, rights
- Structuring the acquisition of a target company by a SPAC
- Legal and regulatory considerations in SPAC structuring
Session 3: Accounting for SPAC Transactions under US GAAP and IFRS
- Overview of accounting guidance for SPAC transactions
- Accounting of acquirer and target
- Accounting treatment for common stock, warrants, rights, and other equity instruments
- Preparing pro forma financial statements
- Disclosures and audit requirements for SPAC transactions
- Accounting for share-based payment transactions
- Overview of share-based payment transactions
- Accounting considerations for SPACs prior to acquisition
- Accounting considerations post-acquisition
Day 2:
Session 4: SEC Reporting Requirements and Guidance for SPACs
- SEC disclosure requirements for SPACs
- SEC Disclosure Guidance, Topic No. 11
- SEC investor bulletin and alert for SPACs
- SEC public statements on risks related to SPAC transactions
- Proposed Rule Release No. 33-11048 and other SEC requirements
Session 5: Case Studies and Group Discussions
- Interactive case studies on SPAC transactions
- Group discussions on key issues in SPAC structuring and accounting
Session 6: Other Consideration
- Legal considerations for SPACs
- Due diligence considerations for SPAC transactions
- Investor relations considerations for SPACs
Wrap-up and Q&A
- Review of key concepts and takeaways
- Open Q&A session with instructors
The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of participants enrolled in the respective course. Any reproduction, distribution, or unauthorized use of this course agenda, in whole or in part, without the explicit written consent of Shasat, is strictly prohibited and may result in legal action.
All rights reserved. ©2024, Shasat
Why you must attend?
If you are involved in the financial industry, then the chances are that you have already heard about the surge in popularity of Special Purpose Acquisition Companies or SPACs. However, with this increased popularity comes a pressing need for financial professionals to understand the intricacies of the SPAC structure and the accounting standards that apply to it. The SPAC structure is complex, and the accounting rules governing SPACs can be challenging to navigate. That is why our two-day training course on SPAC structuring and accounting under US GAAP and IFRS is the perfect solution for you.
By attending this training course, you will gain a deep understanding of the unique features and complexities of the SPAC structure, including the accounting standards that apply to SPACs under US GAAP and IFRS. You will be able to identify the accounting acquirer in SPAC transactions, account for financial instruments, and understand the accounting implications of earn-out provisions in SPAC arrangements. With this knowledge, you will be better equipped to advise your clients or organization on SPAC transactions, helping to ensure compliance with the relevant accounting standards.
Our training course is led by expert instructors with years of experience in the financial industry, who will guide you through complex accounting concepts in an easy-to-understand manner. You will also have the opportunity to interact with other industry professionals, exchanging ideas and discussing best practices in a collaborative environment. By attending this training course, you will gain invaluable insights and skills that will help you navigate the complex world of SPACs and accounting standards under US GAAP and IFRS. Don’t miss out on this opportunity to enhance your expertise in this critical area of the financial industry.
Teaching Methodology
The teaching methodology for the course on special purpose acquisition company (SPAC), structuring, and accounting under US GAAP and IFRS will include:
- Comprehensive coverage of US GAAP and IFRS principles and their application: Participants will gain an in-depth understanding of the key principles of US GAAP and IFRS, their practical implications, and how to apply them in financial reporting.
- In-depth exploration of major accounting topics: The course will cover important accounting topics specific to SPACs, such as identifying the accounting acquirer, accounting for financial instruments, and accounting for share-based payment transactions.
- Real-life case studies and examples: The course will provide practical, real-life examples and case studies to help participants understand and apply US GAAP and IFRS principles in their daily work.
- Interactive training methods: Participants will engage in interactive training methods such as group discussions, exercises, and problem-solving activities to deepen their understanding of US GAAP and IFRS principles.
- Access to US GAAP and IFRS Codification and other resources: Participants will have access to US GAAP and IFRS Codification and other relevant resources to support their learning and help them stay up-to-date with the latest standards.
- Expert trainers with practical experience: The course will be taught by expert trainers with practical experience in US GAAP and IFRS accounting for SPACs, providing participants with valuable insights and best practices.
- Certificate of completion: At the end of the course, participants will receive a certificate of completion, which can be used for professional development requirements.
Overall, the SPAC Accounting & Structuring: Mastering US GAAP and IFRS course will provide participants with a comprehensive understanding of accounting principles specific to SPACs, their practical applications, and the tools and resources needed to stay up-to-date with the latest standards.
Who should attend?
This training course is designed for professionals who want to gain a deeper understanding of the complexities of special purpose acquisition company (SPAC) transactions and their accounting under US GAAP and IFRS. The course is especially relevant for professionals involved in M&A transactions, such as investment bankers, lawyers, accountants, auditors, and financial analysts, as well as corporate finance professionals, CFOs, controllers, and other executives.
In addition, this course is also suitable for individuals who are interested in learning more about SPACs and their role in the current financial landscape. Whether you are new to the field or an experienced professional, this course offers a comprehensive overview of SPACs and their accounting under US GAAP and IFRS, as well as practical guidance on structuring SPAC transactions.
By attending this course, you will be equipped with the knowledge and skills needed to navigate the complexities of SPAC transactions and their accounting, enabling you to make informed decisions and provide value to your clients or organization. Whether you are looking to deepen your expertise, expand your professional network, or simply stay up-to-date on the latest trends and developments in the field, this course is the right choice for you.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
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Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.