The complexity and uncertainty of today's financial markets has placed tremendous pressure on those responsible for managing investment portfolios and the associated functions. At the same time, boards must be briefed and they expect all portfolio data to be accurate - at their convenience. It's imperative that relevant stakeholders have access to automated, consolidated investment information that is actionable and timely.
Implementing a framework for investment accounting and reporting best practices not only helps alleviate the pressures associated with operating in such a volatile market, it provides companies with a logical means of protecting their solvency. By following best practices, accounting and finance professionals can focus on more strategic initiatives.
This white paper outlines four imperatives that accounting and finance should adopt in order to have a consolidated, transparent view of their investment portfolio, allowing them to react to market moves, senior management questions, accounting rules, auditor inquiries, and to make intelligent investment decisions.
These white papers are not created by the CFO.com editorial staff. In order to view these papers, you must register with CFO.com and agree to share your contact information with related product/service companies.