The FAS 161 report provides U.S. GAAP FAS 161 reporting for derivatives for use with entities preparing financial statement disclosures. Disclosures for derivative assets and derivative liabilities are required for annual and interim reporting periods whenever a statement of financial position and statement of financial performance are presented. The FAS 161 disclosures include quantitative disclosures required for entities having derivatives that are not designated as hedging instruments or hedging related. This report identifies the risk classifications and the specific fair value of derivative instruments for the statement of financial position, as well as the effect of derivative instruments on the statement of financial performance.

To create the FAS 161 report:

1. From the Accounting Center window, click Reporting in the left navigation.
2. Double click Investment Accounting, Compliance Reports, and FAS 161 Report.
   You see the FAS 161 report panel.
3. Complete the fields on the FAS 161 report panel.
4. Click Submit.
5. Click Advanced Report or Classic Grid Report for the report view you want.
   The report results appear on your desktop for the view selected. Grid and advanced report views include the Fair Value of Derivative Instruments in a Statement of Financial Position and the Effect of Derivative Instruments on the Statement of Financial Performance views.

FAS 161 Report Panel Options

A definition of the options on the FAS 161 panel follows.

Search Criteria

• Entity ID. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.
• Entity Name. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by name of the entity.
• Accounting Basis. Specifies the entity accounting basis. For example, USTAX, GAAP, or IFRS.
• Report Detail.  Specifies whether to use Summary or Detailed report results. Default is Summary.
• Report Type. Specifies the type of date for controlling your report results.
  Options include:
  –  Accounting Date (Default)
  –  Month End Date
• Report Period. Specifies the time period, date range, or particular date for your report. The time period may be entity specific or security specific, such as fiscal year.
  Options include:
  –  Date Range
  –  Fiscal Year To Date (Default)
• Report Start Date. Specifies the start date for your report results. To use this option, you must select Date Range as your report period.
• Report End Date. Specifies the ending date for your report results. The default is today's date.

Selection Criteria

• Report Filters. Allows you to show/hide additional report and security filters. The default is No.
• Advanced Report Options. Allows you to show/hide advanced report, group, sort, and format options. The default is No.
• Filter Security By. Allows you to show/hide the additional report filters.
  Options include:
  –  Security Cross Reference (Default). If you select this option the panel unhides the Xref Type and Xref Security ID fields for data entry.
  –  Issue Name. If you select this option, the panel unhides the Issue Name field for data entry.
  –  Primary Asset ID. If you select this option, the panel unhides the Primary Asset ID field for data entry.
• Detail Tab Selection. Allows you to select the FAS 161 details for your report results.
  Options include:
  –  Fair Value of Derivative Instruments (Default is Yes).
  –  The Effect of Derivative Instruments (Default is Yes).
• Report Groups. You can group the report results.
  Options include:
  –  Account/Sector
  –  Investment Type
  –  Security Type (Group 2 Default)
  –  Primary Asset ID
  –  Asset Lib Ind (Group 1 Required)
  –  Long Short
  –  Process Security Type
  –  Sub Security Type
• Report Sorts. You can sort the report results.
  Options include:
  –  Account/Sector
  –  Investment Type
  –  Security Type
  –  Processing Security Type
  –  Primary Asset ID (Sort 1 Required)
  –  Country
  –  Long Short
  –  Ticker Symbol
  –  Security Alias