This course is designed to discuss the key aspects of fund accounting from the controller’s perspective while also taking into account the role of the administrator.
Hedge funds are pooled investment vehicles for high net worth individuals (accredited investors), pension plans, foundations, other investment funds, etc.
Hedge funds invest in a diverse range of markets, investment instruments, and strategies. They are privately owned and operated but subject to the regulatory restrictions of their respective countries. The term “hedge fund” refers more to the structure of the investment vehicle, rather than the investing technique.
Hedge fund accounting is the process of: Capturing the activity of the fund The cash/due from broker cycle The trading cycle The capital/share transaction cycle The monthly NAV Cycle The year-end financial reporting cycle Reviewing the information for accuracy and completeness Approving daily, weekly, monthly reporting Reporting information to vested parties Investors Management Traders
Fund accounting is carried out by the controller and the accounting team of the fund.
Fund accounting is also performed by third-party service providers such as fund administrators.
This course is designed to discuss the key aspects of fund accounting from the controller’s perspective while also taking into account the role of the administrator and the reporting requirements under the United States Generally Accepted Accounting Principles. References to the “fund accountant” throughout this course can relate to either the controller or the administrator.
Exclusive Global Authority for Continuing Compliance Education (CCE®); Talent Assessment & Development; Professional Exams; Executive Degree Programs
Regulatory Compliance Authority, Inc. (RCA) is the Exclusive Global Authority for Continuing Compliance Education (CCE®); Talent Assessment & Development; Professional Exams; Executive Degree Programs. RCA’s CCE® (Continuing Compliance Education) Accreditation requires all course materials to satisfy graduate level criteria within each phase of the academic process: Curriculum Development, Instructional Design & Peer Review. Over 30,000 executives use RCA's curriculum to upgrade their knowledge, skills and abilities. Many of these executives use CCE® (Continuing Compliance Education) materials as their primary source of information in order to address a myriad of issues and challenges.
This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.
If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.
