Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

Renee Ann Butler is a finance writer with 15+ years of professional services experience. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in ...

Most companies in other countries, however, do not use the standards as determined by FASB but rather use the accounting principles issued by the International Accounting Standards (IAS).

These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those ...

Private equity fund accounting is unlike that of other investment vehicles because private equity funds are not like other types of investments. They are one part hedge fund, one part venture ...