Pearl Diver Credit Company Inc. reported its financial statements in accordance with U.S. GAAP and maintains its accounting records in U.S. dollars. The company recognizes cash and cash equivalents as deposits held at custodian banks and highly liquid investments. Distributions are required to be at least 90% of investment company taxable income, as defined by the Internal Revenue Code, to qualify for RIC tax treatment. Differences between amounts reported for tax and financial reporting purposes may arise due to the treatment of short-term gains, partnerships, and passive foreign investment companies. The company follows the accounting and reporting guidance in FASB ASC Topic 946, Financial Services - Investment Companies. Actual results may differ from management's estimates, and such differences could be material. The company's maximum exposure under contracts with representations and indemnifications is unknown, but the risk of loss is expected to be remote.