Solutional assists large asset manager22 September 2011
A large Dutch asset manager has engaged Solutional to assist with the preparation of the financial statements 2011 reporting process for their investment funds. Using our experience with financial reporting for investment funds and accompanied by best practices (as published in our annual research report Onderzoek verslaggeving beleggingsinstellingen 2010) Solutional assists the asset manager in setting up a comprehensive template which meets the requirements of law and regulations and advises on improving the financial reporting process.
Research report investment funds in the Netherlands15 September 2011
As of today our annual research report (in Dutch) on the annual reporting by public investment funds with an AFM licence is available on the website of Solutional. You can find it by using the link below or in the section surveys and articles. The objective of our annual research is to analyze whether the annual financial reporting of public investment funds with an AFM licence comply to the applicable law and regulation and to identify best practice which can be helpful for Investment managers when they prepare the annual reports of their investment funds. Key point is that we are concerned about the way risks related to financial instruments are disclosed in the annual report. We conclude that both quantitative and qualitative aspects of financial instruments are not adequately addressed and investment funds need to improve the disclosures about the use of financial instruments, their exposures and positions. Compared to last year we have not detected major improvements. Considering the general focus on risks next to performance nowadays, we expected to see this focus in the disclosures as well. Finally, we conclude that financial reporting of hedge funds is more transparent compared to traditional investment funds. See Onderzoek verslaggeving beleggingsinstellingen 2010 for the complete research report.
High quality processes28 September 2010
Solutional Financial Reporting has maintained its high quality processes. Ernst & Young has issued a positive assurance report attached to the SAS70 report of SFR for the period 1 August 2009 through …read more
Ernst & Young: positive assurance report10 September 2009
Solutional Financial Reporting (SFR) extends the period for its SAS 70 Type II report. Ernst & Young Accountants LLP provided a positive assurance report for the second time since its incorporation. The SAS 70 Type II report shows how SFR’s processes are …read more
Solutional Financial Reporting24 January 2008
Solutional Financial Reporting has been awarded a contract by a large multinational asset management firm to perform quality reviews on the 2007 annual reports of its Dutch investment funds. The asset management firm is a leading player with high quality standards and uses the quality reviews and expertise of Solutional Financial Reporting to further increase the quality and effectiveness of its financial reporting process.