Learn what current service cost means in pension accounting, how it is calculated, and why it impacts operating profit in defined benefit schemes.

Understand fair value of plan assets, how pension fund assets are valued, and how they impact surplus, deficit, and financial statements.

Understand the importance of the grant date in equity compensation, including its impact on base price, vesting, tax, and final payouts.

Learn how Stock Appreciation Rights work, including valuation, taxation, vesting, and differences from phantom shares and stock options.

Understand Phantom Shares including how they work, types, taxation, vesting and differences from real equity and stock options.

Understand Finance Lease in CFA and FRM including key features, accounting treatment and differences from operating leases.

Understand senior real estate debt, its priority in repayment, risk profile, and how it compares with mezzanine debt and equity in property financing.

Learn unitranche debt, how it combines senior and mezzanine financing into one loan, its benefits, risks, and role in mid market private credit deals.

Learn senior direct lending, how private credit funds work, why borrowers choose them over banks, and the risk return profile of this growing asset class.