The course offers a comprehensive overview of accounting for financial instruments generally traded in hedge funds. This includes accounting for instruments – Equity, Bonds, Futures & Options, Spot & Forward contracts, and processing of Corporate Actions. The course goes over security set up, reference data, market data for portfolio pricing, reconciliation issues, P&L analysis, Trade Workflow, Position Lifecycle maintenance. The course briefly touches upon concepts necessary for a Hedge Fund Accountant to appreciate, to maintain accurate books of records – Tax lot accounting, Cost Basis, Realized and Unrealized Gain/Loss

Learning Objectives
•    Explore the definition of commonly traded financial instruments – Equity, Bonds, Futures, Options and Currency Forward contracts.
•    Identify static data related to trade processing – security set up, trade economics, trade settlement.
•    Recognize unique accounting issues – trade booking, corporate actions.
•    Cash and Position reconciliation process.
•    Understand P&L reconciliation, identify P&L items on each security type.
•    Review some common concepts of portfolio accounting – Tax lot accounting, Inventory Method, Cost basis, Trade date, Settlement date

Topics
•    Overview of Swap
•    Different type of Swaps
•    Accounting entries for Swap Accounting
•    Opening and Closing a Swap position
•    Interest and dividend on Swap
•    Pricing
•    Calculation of Swap Income/Loss
•    Reconciliation with Counterparties
•    Swaps on Fund’s Financials

To complete this course participants need to: Watch the Video provided and successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org

Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/