According to the regulatory requirements of the CSRC, the accounting of entrusted assets (lump sum funds, special accounts and other products) must be separated from the accounting of the company to ensure the independence of asset operation.

Fund accounting is accounting for entrusted assets, which belongs to business accounting.

Fund accounting seems to be a little more advanced than corporate accounting, because entrusted assets are the main business of fund companies. How can fund accounting not be advanced? Ha ha.

In fact, these are two directions, and fund accounting is relatively simple and time-sensitive.

Corporate accounting, on the other hand, is more comprehensive and needs to account for all kinds of businesses operated by the company, including tax payment.