Accounting for Hedge Funds ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
This self-study CPE course is meticulously designed to offer tax, accounting, and finance professionals a thorough grounding in the specific accounting challenges presented by hedge funds. Participants will gain insights into the various legal structures of hedge funds, understand the pivotal role of the net asset value concept, and learn how to address difficulties in obtaining asset values. Additionally, the course delves into the detailed accounting for hedge fund investments, including the calculation of management and incentive fees, providing a clear framework for handling the unique financial dynamics of hedge funds. By completing this self-study CPE course, participants will benefit from enhanced expertise in hedge fund accounting, enabling them to offer specialized accounting support, ensure accurate financial reporting, and contribute to the effective management of hedge fund operations.
Highlights
Overview of hedge funds. Net asset value. Accounting for the portfolio. Accounting for investor transactions. Bank accounts. Hedge fund reporting.
Prerequisites
None.
Designed For
CPAs, CEO, and other financial managers.
Objectives
Recall the types of legal structures used in a hedge fund. Identify the reasons why the net asset value concept is used in a hedge fund. Specify the situations in which hedge fund asset values can be difficult to obtain. Specify the accounting for a hedge fund’s portfolio of investments. Recall how management and incentive fees are calculated in a hedge fund.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00