Handbook accountants

Industry experts share their insight and tell you why: Unified managed accounts represent the future of the managed money industry. «No other platform offers so many options and can be customized to meet the needs of so many different types of investors,» says one of the nation\'s most prominent money managers.

«We are able to address a wide variety of investment needs with a single product.» (Chapter Mutual fund wrap accounts are enjoying a resurgence in popularity.

«With mutual fund advisory accounts, advisors can develop a consolidated strategy for their clients utilizing mutual funds,» explains one top executive at a leading investment bank. «Investors know that proper asset allocation produces better results.

» (Chapter 3) Exchange-traded funds have exploded in popularity with clients and advisors. «ETFs have changed the landscape by offering financial advisors a new way to diversify their clients\' portfolios,» says the national sales manager of one of the world\'s largest ETF providers.

«Advisors can fully diversify across all asset classes.» (Chapter 4) Client demand is fueling the growth of alternative investments.

«Larger clients are asking for these types of investments,» says one director of investment consulting solutions at one of America\'s largest banks. «Diversification to minimize risk is the key incentive for adding alternative investments to a portfolio.

This highly regarded reference is relied on by a considerable part of the accounting profession in their day-to-day work. This comprehensive resource is widely recognized and relied on as a single reference source that provides answers to all reasonable questions on accounting and financial reporting asked by accountants, auditors, bankers, lawyers, financial analysts, and other preparers and users of accounting information. The new edition reflects the new FASB Codification, and includes expanded coverage of fair value and guidance on developing fair value estimates, fraud risk and exposure, healthcare, and IFRS.

This highly regarded reference is relied on by a considerable part of the accounting profession in their day-to-day work. This handbook is the first place accountants, auditors, bankers, lawyers, financial analysts, and other preparers and users of accounting information look to find answers to questions on accounting and financial reporting. The new edition will be updated to reflect the new FASB Codification, as well as including expanded coverage of fair value and guidance on developing fair value estimates, fraud risk and exposure, healthcare, and IFRS.

A comprehensive guide to new and existing accounting practices for fixed income securities and interest rate derivatives The financial crisis forced accounting standard setters and market regulators around the globe to come up with new proposals for modifying existing practices for investment accounting. Accounting for Investments, Volume 2: Fixed Income and Interest Rate Derivatives covers these revised standards, as well as those not yet implemented, in detail. Beginning with an overview of the financial products affected by these changes—defining each product, the way it is structured, its advantages and disadvantages, and the different events in the trade life cycle—the book then examines the information that anyone, person or institution, holding fixed income security and interest rate investments must record. Offers a comprehensive overview of financial products including fixed income and interest rate derivatives like interest rate swaps, caps, floors, collars, cross currency swaps, and more Follows the trade life cycle of each product Explains how new and anticipated changes in investment accounting affect the investment world Accurately recording and reporting investments across financial products requires extensive knowledge both of new and existing practices, and Accounting for Investments, Volume 2, Fixed Income Securities and Interest Rate Derivatives covers this important topic in-depth, making it an invaluable resource for professional and novice accountants alike.