This is one of my favorite ever frostings- its so delicious that it just belongs on a spoon.
I use my basic cream cheese recipe:
8oz cream cheese room temp
4 sticks unsalted butter (1lb)
Blend well then add
5 cups powdered sugar
Whip until smooth
Add 1 cup of sweetened shredded coconut and 1 cup of chopped walnuts (or pecans or both!)