How does the IAS Website help users in determining the cost basis of a security?
A. The IAS Calculator – By entering a few basic details about the investment, such as ticker symbol, purchase and sell date, the IAS Calculator can do all the work of researching and applying corporate actions that impact cost basis, and deliver a bottom line cost per share and total cost, along with gain/loss and dividends paid during the holding period. Research – The IAS website allows users to research all corporate events that may have impacted cost basis (sometimes referred to as capital changes), along with historical securities prices going back to the 1960s. The IAS Reverse Calculator – Available only from IAS, the Reverse Calculator helps to derive the cost basis of a security when you (or your client) have insufficient records regarding the investment.
