Asset Management Accounting and Financial Reporting Update |
|
Lingering economic concerns coupled with extensive regulatory reform and accounting changes continue to impact the asset management industry. Diligent preparations and unwavering focus will remain a necessity as asset managers respond and adapt to this volatile business climate.
To help guide you through these challenges, Deloitte is pleased to announce the accounting and financial reporting update for the asset management industry. The publication is divided into three sections:
- Accounting and reporting standards that asset management entities need to start preparing for now, including:
- Financial instruments project — offsetting
- Private-company standard-setting activity
- Achieving common fair value measurement and disclosure requirements Under U.S. GAAP and IFRSs(ASU 2011-04)
- Standard-setting topics that will affect asset management entities as they plan for the future, including:
- Investment companies
- Investment property entities
- Consolidations project
- Revenue recognition project
- The FASB’s disclosure framework
- SEC hot topics that will impact asset management entities in 2013, including:
- Dodd-Frank Act updates
- JOBS Act
- Money market fund reform
To learn more about our asset management accounting and financial reporting update, download the report.
Financial services industry: Asset management accounting and financial reporting update
(434.23 KB)
