Mastering Fund Accounting

Mastering Fund Accounting - Novice to Pro

Wondering how you can grow your career in Investment Operations? Fund accounting offers a rewarding career path, but mastering it takes dedication. Our proven career program is designed to fast-track your learning, helping you achieve success faster.

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Course curriculum

1. Welcome to the Course
2. What's covered in the Course?
3. Course Curriculum (pdf download)
1. 1.01 - What is a Fund
2. 1.02 Types of Funds - Based on Subscription Redemption
3. 1.03 Types of Mutual Funds -Based on Investment focus
4. 1.04 Types of Mutual Funds - Based on Fund Structures
5. 1.05 Role of Fund Accountant
6. 1.06 Mutual Fund Accounting V/s Hedge Fund Accounting V/s PE Accounting
7. 1.07 The Mutual Fund Ecosystem
1. 2.01 Investment Instruments - Equity
2. 2.02 Investment Instruments - Fixed Income
3. 2.03 Investment Instruments - MBS / ABS
4. 2.04 Market Price and Valuation - EQ and FI
5. 2.05 Fixed Income day count convention
6. 2.06 Investment Instruments ( Exchange Traded Derivatives)
1. 3.01 The trade life cycle
2. 3.02 Securities Settlement
3. 3.03 - Failed trades
1. 4.01 Topic overview
2. 4.02 What is Corporate Action
3. 4.03 Corporate Action event announcements
4. 4.04 Why companies announce corporate action?
5. 4.05 Corporate Action event types
6. 4.06 Key dates in corporate action event processing.
1. 5.01 GL categories
2. 5.02 Accounting Equation
3. 5.03 Chart of Accounts
4. 5.04 Double Entry Accounting and Rules of Debits and Credits
5. 5.05 Trial Balance
6. 5.06 Currency Ledgers
7. 5.07 Accrual Basis Accounting
8. 5.08 Mark to Market
1. 6.01 Electronic trade delivery & Automated trade booking
2. 6.02 Trade Booking - Equities
3. 6.03 Trade Booking - Fixed Income (Debt Securities) trade
4. 6.05 Trade cancel and rebook
5. 6.07 Journal Entries - Trade booking , Unrealized gain loss, Trade settlement
1. 7.01 NAV calculation activities overview
2. 7.11 Capstock Activity
3. 7.21 Accounting for Expenses - Fixed Expenses
4. 7.22 Accounting for Expenses - Variable Expenses
5. 7.31 Accounting for Income - Dividend Income
6. 7.32 Accounting for Income - Interest
7. 7.33 Accounting for Income - Income Activities
8. 7.40 Accounting for Corporate Actions
9. 7.41 Valuation of Rights
10. 7.42 - Accounting for Rights and Warrants subscription
11. 7.42 Accounting for Corporate Actions - Bonus , Stock split, Mergers etc
12. 7.51 Fund Distribution
13. 7.61 Trade Review
14. 7.71 Reconciliation - IBOR- ABOR -CBOR Recon, Ledger to Sub Ledger Recon
15. 7.81 Mark to Market (Non Base Securities, Receivables, Payables)
16. 7.82 Pricing and Securities Valuation
17. 7.83 NAV per Share and Balance Sheet
1. Cost Basis Accounting (Tax lot)
2. Bond Amortization and Accretion
3. Mutual Fund Financial Statements
4. Scientific Amortization Pdf
1. Introduction to Reconciliation (Recon 101 and Reconciliation Org design)
2. Recon Process
3. Analyzing Reconciliation Breaks
1. Introduction to Hedge Funds
2. Hedge Fund Structure
3. Hedge Fund Subscription Redemption process
4. Hedge Fund Fees - Management Fees & Performance Fee
5. Crystallization Frequency
6. Concept of Equalization and Equalization Techniques
7. Equalization White paper
8. Hedge Fund Illustrative Financial Statements
9. Interview Questions
1. Introduction to derivatives
2. Financial Derivatives and their uses
3. Types of Derivatives - ETD, Cleared and Uncleared derivatives
4. Swaps Trade Life cycle
5. Interest Rate Swaps
6. Currency Swaps
7. Total Return Swaps (Equity Swaps)
8. Credit default Swap
1. Session 1
2. Session 2
3. Session 3
4. Session 4
5. Session 5
6. Session 6

About this course

Free
85 lessons
17 hours of video content

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Mastering Fund Accounting - Novice to Pro

Course curriculum

Course Introduction

1. Introduction to Fund Accounting

2. Traditional Investment Instruments

3. Securities operations basics for Fund Accountants

4. Corporate Action for Fund Accountants

5. Accounting Fundamentals applied to Fund Accounting

6. Trade Booking

7. Pre NAV Activities & NAV Computation

8. NAV processing - Important concepts

9. Reconciliation – Analyzing Recon Breaks

10. Hedge Funds

11. OTC Derivatives and other Advanced concepts

Class Recordings

About this course

Discover your potential, starting today