Mutual Fund Accounting
Mutual fund accounting involves tracking the daily net asset value (NAV), income, expenses, and shareholder activity of a fund. It ensures transparency, compliance, and accurate reporting to investors and regulators. Fund accountants reconcile cash, value securities, and prepare financial statements per industry standards like IFRS or GAAP.
More Items
Minimum Lease Payments
Minimum lease payments are the fixed payments a lessee is obligated to make under a lease agreement. These include base…
Marginal Cost
Marginal cost is the additional cost of producing one more unit of output. It includes variable costs like materials and…
Misstatement
A misstatement is an error, omission, or fraudulent entry in financial statements that misrepresents a company’s actual financial position. It…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.