Perspectives

Investment Management Accounting and Financial Reporting Update

​After the “fiscal cliff” compromise in the U.S. Congress, much investor uncertainty and anxiety abated, and the US stock market improved during 2013. The investment management sector particularly welcomed this improvement given the increase in popularity of lower-fee, passive investments. Although the global economic environment is uncertain, reputable investment management firms stand poised for opportunities as a result of an expected increase in retirement investment accounts.

The sixth edition of the annual update highlights the year’s accounting and reporting developments that apply to investment management entities. The publication is divided into three main sections:

  1. Updates to guidance: Outlines changes to accounting and reporting standards that investment management entities need to start preparing for now
  2. On the horizon: Discusses standard-setting topics that will affect investment management entities as they plan for the future
  3. Hot topics: Identifies issues that will impact investment management entities in 2014

 

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