Your videos are really helpful, Thank you so much for all your efforts :)

@TheFundAccountant

Жыл бұрын

Thank you very much. Keep watching.

See how many people wait for and watch your videos. It's almost like a course, maybe you'll even make one, it would be great :) Again many thanks for uploads, I've learnt a lot and already feel confident starting my new job :)

@TheFundAccountant

Жыл бұрын

Thank you very much. Your comments are really inspiring. If you find these videos helpful share it with your friends and colleagues. Keep watching.

@aslam752

Жыл бұрын

@@TheFundAccountant love the approach.simple short and to the point.

@TheFundAccountant

Жыл бұрын

@@aslam752 Thank you. Keep watching.

thank you so much for the explanation.. 👏 👏 👍

@TheFundAccountant

Жыл бұрын

Welcome. Keep watching.

Informative video. Really want to see more video relating to fund accounting. Good luck

@TheFundAccountant

Жыл бұрын

Hi, Thank you very much. More videos will come. Keep watching.

@littlehopeodiavlogger9556

Жыл бұрын

Thank you for response, if possible please do a video on fund accounting basic journal entries

@TheFundAccountant

Жыл бұрын

@@littlehopeodiavlogger9556 I will create a video on Journal entries soon. Keep watching.

Thank you so much for sharing information 👍👍

@TheFundAccountant

Жыл бұрын

Welcome. Keep watching.

Awesome video!!!

@TheFundAccountant

Жыл бұрын

Thank you. Keep watching.

Thanks for explaining

@TheFundAccountant

Жыл бұрын

Thank you. Keep watching.

Thank you for sharing your knowledge. If possible could you please also come with such videos wherein you can explain how prepaid exps impact the NAV.

@TheFundAccountant

Жыл бұрын

Sure. I will create a video on expense soon. Keep watching.

Plz make video on loan syndication with some technical terms like commitment fee, delayed compensation etc..

@TheFundAccountant

4 ай бұрын

Sure. Keep watching.

TD price - market price. That is how I will calculate right? Let’s say I missed the trade for 3 days so do I need to calculate impact for 3 days separately? A bit confusing. We take TD price- current market price because that will be the missed P&L right? Considering trade not sold yet

@rohanghosh5074

14 күн бұрын

You will always check the previous valuation price and current valuation proce and calculate the unrealized gain or loss of the asset accordingly.

Very nice video, thank you

@TheFundAccountant

2 ай бұрын

Glad you liked it

Thanks for the video. If one computes the realized gains by using the current price minus the immediate previous price, how fundamentally wrong is it? Also, where there is a purchase, how do you compute the unrealized gains?

@TheFundAccountant

Жыл бұрын

Realized gain if you are calculating for 1 particular day then it should be Current price- prior price. But if you are calculating total realized gain/loss then it should be current price-cost price. Same applies for Buy trade as well. Keep watching.

Informative and Helpful, but the video is not audible

Irrespective of frequency of reporting on the date of reporting any gain or loss arised that has to be accounted as unrealised and the price between date of reporting and date of sale has to be considered as Realised gain or loss right.

Very nice videos! Could you also add for share class divergences and FX unrealised ealized gain/loss?

@TheFundAccountant

Жыл бұрын

Hi, Thank you very much. Sure will create videos in upcoming months for the topics you mentioned. Keep watching.

@danishnazri1791

Жыл бұрын

waiting for this video too

also inform where in TB the p&l is hitting

Hello Mam. I have one doubt if Nav calculation frequency for the fund is weekly and monthly basis and if the security sold out on end of the month then how it will impact the monthly NAV? as we already accounted unrealized gain in weekly NAV

@TheFundAccountant

4 ай бұрын

Either the fund will be weekly or it will be monthly NAV. So incase it is a weekly NAV, and the security is sold of at the month end only impact will be from prior valuation to current valuation.

Hi Mam thanks for sharing valuable information it's really helps I have a doubt regarding it we forgot to book trade for particular day and that unrealized gain/loss for that day and how will it impact nav for that day

@TheFundAccountant

Жыл бұрын

If we miss a trade on one day, we will not have the unrealised or realised gain /loss in the fund which should have been there. That will be the NAV impact.

Why do we need to calculate unrealised gain or loss ?

@TheFundAccountant

6 ай бұрын

Unrealized gain loss will help to calculate the correct NAV impact. Hope that answer your question. Keep watching.

So the unrealized profit and loss for dialy NAV calculation will be in asset side of the balance sheet ?

@TheFundAccountant

Жыл бұрын

Yes, any gain or loss will be impacting your Asset. Thank you. Keep watching.

Just a query, the impact of NAV on the security selling day will not be cost-selling price, rather it should be difference in selling price - prior day mkt price right?

@TheFundAccountant

Жыл бұрын

Technically yes, because Cost to prior days price has been already captured under unrealized gain and loss.

What will be the journal entries...have you also created a video on it ? If yes can you share the link please

@TheFundAccountant

10 ай бұрын

In this video I have given the journal entry details for these transaction. Keep watching.

Ma'am, Can you please help me to understand, Assume Cost = 10rs Unrealized gain =200rs Realised =20rs Profit =10rs (20-10) right? How do we treat unrealized gain now? And what is the profit?

@TheFundAccountant

Жыл бұрын

You can have either unrealized or realized gain, cannot have both on same trade, so with your example, cost is 10, current day price is 20. Number of shares are 20. then your unrealized gain will be 20-10=10/share total unrealized gain is 20*10=200. You will treat this as unrealized gain on trade, which gets nullified with your NAV impact on price movement. Profit on trade will come in place when you sell that security and realized that profit. Hope that answered your question. Keep watching,

Hi, I have seen the videos. Could you please help on how to calculate interest on bonds. And how it will impact in NAV of daily EOD reports

@TheFundAccountant

11 ай бұрын

I will be creating a video on Bonds. Keep watching.

Than mam

@rahulkumaryadav8293

Жыл бұрын

I want to gain knowledge on fund and nav etc can u please help me gain the knowledge

@TheFundAccountant

11 ай бұрын

Sure. You can follow my channel, I share different concepts of Fund accounting. Also I am building a course on Fund accounting, that will help to understand better about fund accounting. Keep watching.

Hello Ma'am, so in second day of example, is is 54 change in cost for current day? Also is 52 closing price from yesterday? Please confirm there is bit confusion like closing price for today's or yesterday's day wise? Also day 1, 52 is closing price from yesterday's, right? Thanks

@TheFundAccountant

Жыл бұрын

Cost price will always remain $50, On Day 1 the closing price is $52 and on Day 2 the closing price is $54. Closing price means End of the day price for a particular security, So current day closing price will be next day's opening price. Hope that answer your question. Keep watching.

I am unable to understand the what impact on nav for unrealised gain/loss, could you please suggest me

@TheFundAccountant

Жыл бұрын

Unrealized gain and loss is nothing but "Effect of price change on the holdings", so if you have a security in the fund-the daily price movement for that is the unrealized gain loss, that will impact your NAV.

The total unrealized gains, does it always equal the summation of se quarterly unrealized gains?

@TheFundAccountant

Жыл бұрын

If the fund is daily NAV, then the unrealized gain/loss will be calculated on a daily basis. Keep watching.

Hello mam I can't understand realised gain on that day how we will account.Till that time we will recognise unrealised gain on daily basis.on the day of sale realised gain (today price - yesterday price) first we should recognise right.

@TheFundAccountant

Жыл бұрын

Hi, on the day of sell the current day price will be the selling price. As you are selling it, you will not hold the shares till EOD. Hence as you rightly said it will be today’s price(sell price) minus yesterday’s price. This will be your realised gain/loss which will impact the current day NAV.

@pavankumar-fe3hd

Жыл бұрын

@@TheFundAccountant Thanks i understood.

❤

@TheFundAccountant

5 ай бұрын

Thank you. Keep watching.

Could you please create one session on OCF FEE and rebate

@TheFundAccountant

Жыл бұрын

Sure. Will create a video on this. Thank you. Keep watching.

What are the excel skills required for fund accountant

@TheFundAccountant

Жыл бұрын

Excel is very important in FA. V-lookup, H-lookup, X-lookup, Pivot , conditional formatting and all different If, sum if formulas are used in daily reconciliation work.

good

@TheFundAccountant

7 ай бұрын

Thank you. Keep watching.

Hi Can you please explain, what is monthly fund and daily fund.

@TheFundAccountant

11 ай бұрын

Month funds: The Fund's NAV is calculated on monthly basis (once in a month). Daily Funds: Fund's NAV is calculated on a daily basis (Everyday). Hope that answer your question.

Hi mam - I have many queries related ti different FA concepts. Can you pleaze advise if you have more videos on any other channel as i couldn't find many of my desired concept videos on this channel.

@TheFundAccountant

Жыл бұрын

I have videos on different concepts of Fund accounting. I will be coming up with more videos soon. Keep watching.

Hello good morning this is a good section I'm hoping for the how a fund accontant will day like baance rolling (TNA, capstock exp accrual income ca trade pricing what parties are involing in each stage pls 🙏 explain it is help to all

@TheFundAccountant

Жыл бұрын

Hi. I have created one video on daily activities of FA in “What is Fund accounting “. I will create more detail video on each process. Keep watching.

I am beginner on Fund Admin service Do you any tips for beginners without experience??

@TheFundAccountant

Жыл бұрын

Welcome to fund accounting world. Try to learn the concepts and build a knowledge base, that will help you to grow.

Madam just explain what are types of nav Calculation?

@TheFundAccountant

Жыл бұрын

NAV have only one formula. We have different kinds of Fund structures, but ultimately all falls into same formula to calculate NAV. Keep watching.

Hello "The fund accountant"! I'm a qualified Chartered accountant with 1 year of experience in financial reporting, I'm planning for a career switch into IB roles, please share your opinion on this and suggest/refer few companies pls. 😬😬

@TheFundAccountant

Жыл бұрын

Hi, Financial reporting and Fund accounting are mostly related. Hence it will be a good decision for you to shift your career from FR to FA. There are many companies like Goldman Sach., Statestreet, SS&C GlobeOp, Apex, Citi, Morgan Stanley, Northern Trust, JP Morgan and multiple other IB hiring fund accountant.

So mam unrealise not impact in NAV and realise impact on NAV correct??

@TheFundAccountant

11 ай бұрын

Unrealized and Realized both impact the NAV.

Hello ma'am could you please make a video on what questions would be asked for fund accounting interviews and about Fund accounting and balance sheet too plz it's a humble request

@TheFundAccountant

Жыл бұрын

I am currently working with various interviewers on Fund accounting interview questions. Probably by this month end I will share video on this. Keep watching.

@swaruptawate7172

Жыл бұрын

@@TheFundAccountant would you like to make me prepare for interview if you charge me some money that would be fine for me

@TheFundAccountant

Жыл бұрын

@@swaruptawate7172 you can connect me via LinkedIn or email me at tfabusinessac@gmail.com for further discussion.

Hello miss, i need assistance reconciliation of the fund

@TheFundAccountant

Жыл бұрын

Hello, I will create a video on Custody vs Fund accounting reconciliation by next month. Hope that will be helpful for you. Keep watching.

Hello madam can u please upload daily 1 video.

@TheFundAccountant

Жыл бұрын

Hi, it’s difficult to upload daily videos. There will be weekly videos. Keep watching.

Realised gain loss impact is not right.. I will debit nostro cash account for total sale value , credit cost in book of shares, cr/dr realized gain loss

hello mam,I am a qualified CMA can I eligible to join in fund accounting and can I get good package in as a fund accountant,growth and demand of fund accounting in the market?

@TheFundAccountant

Жыл бұрын

Hello, with CMA certification you can join any fund accounting organisation. Fund accounting has immense growth and many companies across India/abroad are now involving in Fund accounting. Hence the opportunity is very high. Companies are also offering good package, if you can negotiate well and your concepts are good.