Investment Accounting and Reporting White Papers and Guides

Our white papers and guides offer insight into industry best practices and explore common investment accounting, reporting and analytics challenges. Each white paper provides useful, actionable information your teams can use to improve investment accounting and reporting operations at your company.

Preview each Clearwater white paper below, and download the full version to learn more.

MOVING INTO SEPARATE ACCOUNTS

PRACTICAL PLANNING CONSIDERATIONS CHECKLIST

Many investors strongly support the concept of separate accounts, yet they lack sufficient confidence in a plan for the operations changes they would need to make. This step-by-step checklist and planning guide will help institutional investors feel comfortable moving into separately managed accounts by ensuring they are prepared to make the move.

FOUR IMPERATIVES FOR ESTABLISHING INVESTMENT ACCOUNTING AND REPORTING BEST PRACTICES

BEST PRACTICES GUIDE

Establishing and implementing a framework for investment accounting and reporting best practices not only helps to alleviate the pressures associated with operating in a volatile market, it provides companies with a logical means of protecting their solvency. This guide outlines four imperatives that accounting and finance professionals should adopt in order to have a consolidated, transparent view of their portfolio.

ACHIEVING PORTFOLIO DIVERSIFICATION, TRANSPARENCY AND CONTROL

DISCUSSION WITH TREASURY EXPERTS

This paper outlines the importance implementing an internal infrastructure of policy and technology that will be critical for investors as they prepare for what could be a protracted period of market uncertainty. Given the right infrastructure, investors can still focus on safety of principal, liquidity and yield, without sacrificing diversification, transparency and control.

ASC 820 AND ITS APPLICATION TO CONVENTIONAL FIXED-INCOME INVESTMENTS

MARKET INSIGHT PAPER

The Financial Accounting Standards Board (FASB) issued Statement 157 (now ASC 820) to "define fair value, establish a framework for measuring fair value in Generally Accepted Accounting Principles, and expand disclosures about fair value measurements." The purpose of this market insight paper is to provide concise and pragmatic implementation guidance and a thought framework on ASC 820 and its application to conventional fixed income investments.

REPORTING TO THE BOARDROOM: RECENT TRENDS IN INVESTMENT REPORTING

BEST PRACTICES WHITE PAPER

The investment reporting environment has always been complex. The financial crisis of 2008 and recent accounting developments have only made it more so, calling for new system solutions that cover accounting, investment policy, compliance, performance evaluation and risk analytics. This paper examines senior management needs and the tools and techniques that make Treasury professionals successful reporting up.

IMPACT ON INVESTMENT ACCOUNTING

MARKET INSIGHT PAPER

Recent accounting changes have had a significant effect on investment reporting, specifically FAS 157 (fair value accounting) and the new rules governing when and where to recognize other than temporary impairment (OTTI) under FAS 115-2. While the first affected mostly the way companies report on their fair value calculations, the latter impacted general ledger entries.

IFRS GETS ON TRACK

MARKET INSIGHT PAPER

The information landscape is dotted with in-depth analyses, overviews and the implications of convergence or adoption of the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). This market insight paper provides investment professionals in the U.S. with an executive summary of the major IFRS issues affecting investment reporting.

FAS115-2 – A PRACTICAL ANALYSIS

MARKET INSIGHT PAPER

The Financial Accounting Standards Board's (FASB) changes to its standards for mark-to-market accounting include a measure compelling investors to re-evaluate their other-than-temporary impairment (OTTI) conclusions and make material changes in their accounting policies to ensure compliance. This article is intended to provide a framework for understanding FAS 115-2 and the process of recognizing income and loss in a manner that is consistent with the FSP.

INVESTMENT ACCOUNTING CONSIDERATIONS

MARKET INSIGHT PAPER

Changes in investment assumptions are a fact of life. If your company currently generates investment entries using accounting reports from more than one investment service provider (i.e. manager or custodian, etc.) your company may well be using inconsistent accounting assumptions as the basis for the investment entries. This market insight paper focuses on the criticality of consistent investment accounting assumptions across all company portfolios in order to ensure the accuracy and clarity of financial statements.

For more information and resources, visit the GAAP Accounting Standards Updates page.