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Secure Transaction Accounting for Hedge Funds
Format
Self-Study
Course Level
Overview
CPE Credits
1 Credits: Accounting
Course Description
The Accounting for Hedge Funds 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.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- 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.
Course Specifics
SS124368998
February 1, 2024
There are no prerequisites.
None
31
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. 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 …
QAS Self-Study
