Javier Gonzalez
Javier Gonzalez thanked amber Jhon's answer
There are two financial market participants including Investors vs. Speculators and Institutional vs. Retail. Investor participates by making investments in the financial markets and without their finances financial markets may not expand. Speculators do not have intentions to have long term exposure in all the best assets but they carry securities for short periods of … Read more
Javier Gonzalez
Javier Gonzalez answered

Fund accounting is full of issues in which the accounting does not reflect the true, intrinsic value of the fund. As in other types of accounting, at best it is a crude approximation as to what is important in the fund. Moreover, its accounting cannot fulfill simultaneously the demands of different groups, among them investors, … Read more

Javier Gonzalez
Javier Gonzalez thanked Ebony Nash's answer
Fund accounting can play a crucial role as without it, one cannot truly analyse the revenues and expenses of a specific funding source. Fund accounting also allows you to evaluate each project and/or activity individually; having results for the drawdown of funds in LOCCS is another advantage of the system. Budgets are the most widely … Read more