The main bodies of accounting responsibility for publicly offered funds are fund management companies and fund custodians, among which the fund management companies bear the main accounting responsibilities. The subject of responsibility is the person who bears legal responsibility for the violation of laws, agreements or legal provisions, including natural persons, legal persons and other social organizations.

What are the characteristics of fund accounting?

The characteristics of fund accounting mainly include accounting subjects, accounting stages and related divisions.

1. Accounting entity is securities investment fund: enterprise is the accounting entity of enterprise accounting and securities investment fund is the accounting entity of fund accounting. The responsibilities of fund accounting are mainly fund management companies and fund custodians, of which the former bears the main accounting responsibilities.

2. Accounting is refined to the day by stages. At present, the domestic fund accounting has been refined to the day, and the statements should be refined every day to preserve the value.

3. The financial assets held by the Fund and the financial liabilities assumed by the Fund are usually divided into financial assets and financial liabilities measured at fair value and whose changes are included in the current profit and loss.