Question

Difference between fund accounting and portfolio accounting

Answer 1

Answer:

Hey mate here is your answer.....

Fund accounting uses share balances to calculate a net asset value per share. Portfolio accounting takes the total value of a portfolio and allocates by percentages of ownership. ... Net asset value reporting results in 1099s while portfolio accounting results in K-1 partnership allocations.

Hope it helps you....

Its Shivika Tiwari....

Jai shivi ki...

Jai Shiv Sambhu....