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.
Wiley; July 2011
- ISBN: 9780470829042
- Edition: 1
- Read online, or download in secure PDF or secure EPUB format
- Title: Accounting for Investments, Fixed Income Securities and Interest Rate Derivatives
- Author: R. Venkata Subramani
About The Author
A graduate of the University of Madras, Venkata Subramani is a Chartered Accountant who began his career with a professional accounting firm in Chennai.
Venkat is currently Product Manager at Calypso Technology, a global financial software and services company delivering integrated cross-asset solutions for trading, risk, processing and control, serving a broad spectrum of customers including financial institutions, prime brokers, asset managers, hedge funds, insurers, corporates and exchanges. Venkat’s expertise includes accounting and reporting for different types of financial instruments as per US GAAP and IFRS.
Previously he was managing a team of core finance and accounts professionals in a US-based hedge fund administration firm serving several global clients. Venkata Subramani lives in Chennai with his wife and daughter.