Pavitra Kusalkar

GMT Academy is one of the reputed Training  Institute in India and abroad..

Course available for 5 years after purchase

Fund Accounting Nov Batch Course: Navigating the World of Fund Accounting

In today's fast-paced financial landscape, the demand for skilled professionals in Fund Accounting is on the rise. Companies like Apex, Citco, Line data, and BNY Mellon are consistently on the lookout for experts in this field. If you're looking to embark on a rewarding and secure career path, the Fund Accounting Nov Batch Course might be the perfect choice for you. Let's delve into what Fund Accounting is, why it's an excellent career move, and what you'll gain from this comprehensive training.

What is Fund Accounting?

Fund Accounting revolves around recording financial transactions in the books of a fund and posting journal entries. It involves preparing essential financial documents such as Income Statements, Balance Sheets, Fund Flow Statements, and Net Asset Value (NAV) Generations. Fund Accountants play a critical role in ensuring the accuracy and compliance of these financial records.

Why You Should Join Fund Accounting?

The field of Fund Accounting is a highly dynamic and rapidly growing segment of the financial industry. Companies specializing in fund services, such as Apex, Citco, Line data, and BNY Mellon, offer lucrative career opportunities with competitive salaries. Over the next ten years, your career in Fund Accounting is set to be both secure and fascinating.

What You'll Learn from the Fund Accounting Training?

The Fund Accounting course covers a wide array of topics, equipping you with the knowledge and skills required for success in this field. The curriculum includes:

Trade Processing

•	Front Office Trade Structure Process
•	Middle Office Trade Operation Process
•	Back Office Trade Processing and Accounting
•	Trade Date and Settlement Date Accounting Entries for Trades
•	Accounting Treatment for Trades Processed into the Books of Accounting
•	Trade Allocation to the Fund Level or Investor Level (if applied)
•	Preparations of Trade Book for Funds
•	Importance of Trade Booking and Settlement
•	Validations of Trade with Bloomberg, Reuters, and Custodians
Income Processing
•	Dividend Processing and Accounting
•	Interest Processing and Accounting
•	Importance of Income Processing from a Fund Accounting Perspective
•	Handling Unrealized Income and Gains from Open or Pending Trades
•	Preparations of Accounting Entries and Posting to the Ledger
•	Offsetting Income Against Fees Paid to Stakeholders
•	Preparations of P&L Account/Income Statement
•	Challenges of Income Recording in the Books of Accounts
Corporate Actions Processing
•	Understanding Different Types of Corporate Actions
•	Detailed Process of Corporate Action Processing
•	Booking and Validation of Corporate Actions
•	Importance of Corporate Actions from a Fund Accounting Perspective
•	The Role of Dividends and Corporate Actions in Achieving Benefits
•	Resolution of Breaks
•	Reconciliations
•	Accounting Treatment for All Corporate Action Events

Security Pricing
•	Roles and Responsibilities of Pricing Teams
•	Different Pricing Approaches, Including Market, Income, and Cost-Based
•	Discussing Pricing Levels (L1, L2, L3 Securities)
•	Accounting Treatment for Recording Market Prices of Securities
•	Understanding the Importance of Pricing
•	Addressing Possible Questions and Answers on Pricing

Cap Stock Activity and Transfer Agency Work
•	Roles and Responsibilities of Transfer Agency (TA) Teams
•	Processing Subscriptions, Redemptions, Withdrawals, and Transfers
•	Dealing with Types of Redemptions, Including Under and Over Redemptions

Preparing Partner Accounts
•	Accounting Entries and Treatment for Cap Stock Activity
•	Addressing Challenges and Potential Errors in Cap Stock Activity
•	Reconciliation
•	Possible Questions and Answers on Cap Stock Activity

Fund Accounting
•	Journal Entries
•	Main and Sub-Ledgers
•	Trial Balance
•	Trading Book
•	Profit and Loss Accounting Statement
•	Balance Sheet
•	Income Statement
•	Fund Flow Statement
•	NAV Productions
•	Understanding the Golden Rules of Accounting Applications
•	Discussion of GAAP and IFRS

Fees Calculations and Applications
•	Overview of Various Types of Fees
•	Technical Terms Related to the Fees Process
•	Crystallizations
•	High Watermark (HWM)
•	Understanding Fees Slabs
•	Calculating Fees
•	Addressing Possible Questions and Answers on Fund Accounting
Fund Process Structure
•	Overview of Fund Business Structure
•	Explanation of Application Setup Process
•	Identifying Market Participants in the Fund Business
•	Role of Custodians, Agent Banks, Brokers, and Different Teams
•	Other Processes Overview
•	Bank Analysis
•	Accounting Methods
•	Cash Activities
•	Reconciliations
•	Overview of IFRS and GAAP (from a Fund Accounting Perspective)
•	In-Depth Analysis of IFRS 9, 25, and 13

Product Overview and Additional Information
•	Understanding Equity, Fixed Income Products, Derivatives, Loan Syndication Products, and Money Market Instruments
•	Insights into GDR, ADR, and IDR
•	Discussion on Re-Purchase Agreements (R

Fund Accounting Nov Batch Course: Navigating the World of Fund Accounting

GMT AcaDemyX

Maharashtra

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Hey! I’m learning with GMT AcaDemyX and you can too. Here’s a course you might like: Fund Accounting Nov Batch Course: Navigating the World of Fund Accounting by Pavitra Kusalkar
    https://www.gmtinstitution.com/courses/413207?utm_source=facebook&utm_medium=social-fb&utm_campaign=web-course-share

Hey! I’m learning with GMT AcaDemyX and you can too. Here’s a course you might like: Fund Accounting Nov Batch Course: Navigating the World of Fund Accounting by Pavitra Kusalkar
    https://www.gmtinstitution.com/courses/413207?utm_source=telegram&utm_medium=social&utm_campaign=web-course-share

Hey! I’m learning with GMT AcaDemyX and you can too. Here’s a course you might like: Fund Accounting Nov Batch Course: Navigating the World of Fund Accounting by Pavitra Kusalkar
    https://www.gmtinstitution.com/courses/413207?utm_source=linkedin&utm_medium=social-link&utm_campaign=web-course-share

Hey! I’m learning with GMT AcaDemyX and you can too. Here’s a course you might like: Fund Accounting Nov Batch Course: Navigating the World of Fund Accounting by Pavitra Kusalkar
    https://www.gmtinstitution.com/courses/413207?utm_source=copy-link&utm_medium=social&utm_campaign=web-course-share

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