Definition: A financial report summarizing a fund’s revenues, costs, and expenses over a specific period. The P&L report calculates net profitability by subtracting expenses from revenue, which is a vital metric for understanding financial health and operational performance.
Example: P&L reports are used for performance tracking, decision making, profitability analysis, performance comparison, and compliance.
Explore the IVP NAV Solution
The IVP NAV Solution integrates with systems that produce P&L reports. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
