Introduction
Course orientation and an introduction to the learning material.
Foundation to working level
Mastering Fund Accounting
The full NAV lifecycle, worked end to end: how a fund's books are built, what each control is protecting, and how the numbers come together on a NAV date.
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Who this is for
Graduates and professionals who are new to fund accounting, or who process part of the NAV cycle and want to understand the whole of it.
Format
Video lessons with worked calculations and downloadable examples.
Pace
Self-paced lessons with worked examples. Exact lesson count is listed on the academy.
Self-paced lessons
365-day access
Completion certificate
Discussion-forum support
Outcomes
What you should be able to do
The point is not to remember a glossary. It is to make and explain the right accounting decision.
- 01Read a NAV report and understand how each item is calculated.
- 02Book trades, income, accruals and expenses in the right period
- 03Reconcile cash and positions, and investigate a break methodically
- 04Work through a capital activity cycle: subscriptions, redemptions and equalisation basics
- 05Review a NAV before sign-off instead of only producing it
Course curriculum
Explore the learning sequence
Every module earns its place in the workflow; topics build toward a complete decision, not a collection of definitions.
Basic Terminologies of Fund Accounting
Funds, custody, investment managers, NAV and base currency.
Types of Funds
Fund structures, including open-ended funds and funds of funds.
Fund Accounting Life Cycle
Entities involved and how the accounting life cycle works.
Reconciliation
Cash, stock, income, foreign-currency contracts and reclaim reconciliations.
Trade
Trade booking, realised gains and missing-trade NAV impacts.
Income
Dividend dates, withholding tax, reclaims and repatriation.
Bond
Bond types, accruals, amortisation, clean and dirty prices.
Derivatives
Options, forwards, futures, mark-to-market and margin.
Expense
Accruals, payments, variable fees, rebates and prepayments.
Performance Fee
Crystallisation, hurdles, high-water marks, equalisation and share series.
Pricing
Pricing components, valuation points and their NAV impact.
Capital Activity
Capital movements, transfer agency and NAV effects.
Corporate Action
Rights, dividends, splits and other corporate events.
Journal Entries
Accounting entries for the topics covered in the course.
FREE COMPANION RESOURCE
NAV Sign-Off Review Checklist
A structured reference for reviewing the controls and evidence that support a NAV release.
PDF · 14 pages
Taught by Bonhi Mukhopadhyaya
Lead Instructor – Fund Accounting
Bonhi brings 14+ years of fund-accounting experience to practical, scenario-led instruction. Her teaching emphasises the reasoning behind NAVs, reconciliations and review decisions—not simply memorising definitions.
View instructor profileQuestions
Before you decide
This course is the main foundation route for people developing an understanding of the fund and NAV workflow. It is written for learners who are new to fund accounting or who want a grounded understanding of the end-to-end NAV cycle without assuming prior fund-accounting experience.
No previous fund-accounting experience is required. Basic accounting knowledge is helpful, but this course introduces the fund and NAV workflow from the foundation level.
Currently available courses are pre-recorded and self-paced. You work through them on your own schedule.
Currently available courses include 365 days of access from the date of enrolment.
Yes. The courses use guided calculations, worked examples and realistic hypothetical fund scenarios to show how accounting decisions are made. They do not reproduce confidential client records or live-fund data.
Yes. Learners can use the course discussion forum to ask questions and review examples. The forum is reviewed periodically, but it is not live or instant support.
Yes. Learners receive a completion certificate after finishing the course.
No. There is no placement service, recruitment support, CV-writing service or employment guarantee. The courses are educational and practical, not a hiring service.
Check your fit first
Try the related assessment without registering.
You will get an initial score, answer explanations and a topic-by-topic result.