Book description
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.
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.
