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CPAstore - Canadian Corporate Finance Manual (CCFM)

Copyright

Notice to Readers

Letter to Subscribers

Introduction

The Authors

Editorial: Advisory Board

Contributing Authors

Acknowledgements

Users' Guide

Part A Breaking Through the Financing Barriers

Part B Exploring Your Financing Options

Part C Preparing a Winning Financing Proposal

Part D Successfully Dealing With Issues

Part E Restructuring and Insolvency

Part F Special Circumstances

Part G Unique Industries

Part H Overview of International Financing

Chapter 43 Approach to Financing in the United States

43.1 Financing Model

43.2 Unique Features of Banking

43.2.1 Banks in Canada

43.2.2 Banks in the U.S.

43.3 Commercial Finance Companies

43.4 Leasing Companies

43.5 The U.S. Small Business Administration

43.5.1 What is the Small Business Administration?

43.5.2 The Small Business Administration Loan Guarantee Programs

43.5.2.1 The 7(a) Program

43.5.2.2 The 504 Program

43.5.3 Mechanics of the Program

43.5.4 Getting Small Business Administration Approval

43.5.5 SBA Loan Guarantee Application

43.5.6 Small Business Investment Companies

43.6 Economic Development (Revenue) Bonds

43.6.1 Definition

43.6.2 Repayment of the Bonds

43.6.3 The Lease Agreement

43.6.4 Property and Sales Tax Savings

43.6.5 Attractiveness of Bonds as a Financing Source

43.6.6 Limited Filing Requirements

43.6.7 Procedures for Bonds Issuance

43.6.8 Project Limitations

43.7 Links for Additional Information

Chapter 44 Public Registration in the United States

44.1 Overview of the Public Registration Process

44.1.1 Interest in U.S. Capital Markets

44.1.2 Public Financing

44.1.3 The Securities Exchange Commission and Foreign Issuers

44.1.4 Multijurisdictional Disclosure System

44.1.5 Exempt Offerings

44.1.6 Registration Procedures

44.2 Legislative Environment

44.2.1 Securities Act

44.2.2 The Exchange Act

44.2.3 The Securities and Exchange Commission

44.2.4 Other Federal Securities Laws

44.3 Processing the Registration Statement

44.3.1 Securities and Exchange Commission Review

44.3.2 Amendments

44.3.3 Tips from the Securities and Exchange Commission

44.3.4 Periodic Reporting Requirements

44.4 Listing on a U.S. Stock Exchange

44.4.1 Registering with an Exchange

44.4.2 Major Exchanges

44.5 Exchange Listing Requirements

44.5.1 New York Stock Exchange

44.5.2 American Stock Exchange

44.5.3 NASDAQ

44.5.4 Other Requirements

44.6 Periodic Reporting Requirements

44.6.1 General

44.6.2 Foreign Private Issuers

44.6.3 Multijurisdictional Disclosure System Issuers

44.6.4 Use of U.S. Forms

44.7 Form 20-F

44.7.1 Highlights of Form 20-F

44.7.2 Form 20-F as a Registration Statement

44.7.3 Form 20-F as an Annual Report Form

44.8 Financial Statement and Audit Requirements

44.8.1 Regulation S-X

44.8.2 Articles of Regulation S-X

44.8.3 Financial Statement

44.8.4 Dating of Financial Statements

44.9 Significant Differences in Accounting Principles

44.9.1 Special Rules Related to International Financial Reporting Standards

44.9.2 Accounting Changes

44.9.3 Accounting Standards Issued but Not Yet Adopted

44.9.4 Asset Impairment

44.9.5 Business Combinations

44.9.6 Capital Leases and Sale-Leasebacks

44.9.7 Capitalization of Interest Expense

44.9.8 Consolidation

44.9.9 Currency: Reporting

44.9.10 Currency: Functional

44.9.11 Debt Issue Costs

44.9.12 Earnings Per Share

44.9.13 Equity Method

44.9.14 Extraordinary Items

44.9.15 Fixed Assets and Depreciation

44.9.16 Foreign Currency Issues

44.9.17 Goodwill

44.9.18 Income Taxes

44.9.19 Inflation Accounting

44.9.20 Inflationary Economies

44.9.21 Inventories

44.9.22 Investments in Marketable Equity and Debt Securities

44.9.23 Other than Temporary Declines in Value

44.9.24 Investments Without Significant Influence or Control

44.9.25 Pension Benefits

44.9.26 Redeemable Stock

44.9.27 Research and Development Costs

44.9.28 Reserves for Unspecified Future Losses

44.9.29 Shares, Options and Warrants Issued Within One Year of an Initial Public Offering

Chapter 45 World Bank and Regional Development Banks

45.1 World Bank Group

45.2 European Bank for Reconstruction and Development

45.3 African Development Bank

45.4 Asia Development Bank

45.5 New Development Bank by Brazil, Russia, India, China and South Africa

45.5.1 Development Capital

45.5.2 Contingent Reserve Arrangement

45.5.3 Future Working Relationships

45.6 Arab Monetary Fund

45.6.1 Arab Trade Financing Program

Part I Legal Matters

Part J Tools for Dealing with Finance

Appendix I Historical Evolution of Finance

Appendix II Economic Forecast: North American Outlook

Appendix III Glossary

Appendix IV Acronyms

Appendix V Case Studies

Appendix VI Credit Rating Systems and Agencies

Appendix VII Standard Industrial Classification (NAICS)

Appendix VIII Consumer Price Index

Appendix IX ISO 9000

Appendix X Leading Legal Cases

Appendix XI Sharwood Report

Bibliography


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