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Fund accounting is an accounting system that’s used by nonprofit organizations or government entities. Learn more about its importance and how it works.
Fund accounting is a system of accounting widely used in non-business entities, such as nonprofits, government agencies, churches, hospitals and colleges and universities.
Private equity fund accounting is quite complex to other investment vehicles. What separates fund accounting from general accounting is that, while small businesses, for example, make purchases ...
Fund accounting is used to account for transactions of nonprofit entities and for governments at all levels, including federal, state, county and local governmental entities. It is different from ...
Encumbered funds are most commonly used in government accounting to make sure there's enough money set aside to meet specific obligations and purposes. Basic Encumbered Definition ...
Since late 2006, fund executives have been fretting over a past accounting treatment and reinterpretation of an accounting standard for municipal bond funds.
Balanced funds own stocks to benefit from appreciation, ... Typically, stocks comprise from half to 70% of a balanced mutual fund's portfolio, with bonds accounting for the rest. Understanding Bala.
Private equity accounting is specialized because PE funds take a long-term investment approach, acquiring and improving companies before selling them for a profit.
GASB fund accounting should highlight this practice, not obscure the truth that budgets are balanced by putting current bills on the taxpayers’ credit card. Short-term perspective accounting hides the ...
The actuarial basis of accounting is a method used in computing the periodic payments that a company must make to fund its employee pension benefits.
With one in three accounting firms set to be at least partially owned by private equity funds, it’s likely that changes are coming to the accounting industry. And as new management shakes up how ...