Investors Allocation Accounting for Hedge Funds - Advanced (Video) (Course Id 2645)

• Who is this course for?
  This course is designed for anyone needing Continuing Professional Education (CPE), particularly CPAs, accountants, or finance professionals with prior knowledge of hedge fund accounting and investor allocations.

• What is this course about or what problem does this course solve?
  The course addresses the complexities of income allocation to hedge fund investors, providing a detailed understanding of fund structures, capital activities, and advanced fee mechanisms.

• How can the knowledge from this course be used?
  Participants can apply the course knowledge to accurately process economic distribution of income, allocate investor income, and navigate advanced fee and investment structures within hedge funds.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  It enhances technical accounting skills essential for managing and reporting hedge fund investor allocations and fee structures, which are critical for compliance and accurate financial reporting.

• When is this course relevant or timely?
  This course is especially relevant for the 2025 reporting period and for professionals involved in hedge fund accounting who must stay current with advanced investor allocation practices.

• How is a course like this consumed or used?
  The course is delivered as a QAS self-study video, allowing learners to progress at their own pace and complete review questions and a final exam to earn CPE credits.

This course offers an overview of Hedge fund structures, and Income allocation to Fund’s Investors, and Hedge fund Fees. We will touch upon basic concepts of type of funds, investors, share classes, capital activities, fees structures and step by step approach to process Economic Distribution of Income. We will then discuss some nuanced concepts of Investors Income allocation and fees structures.

Video - NASBA QAS - NASBA Registry - 2645

Course Learning Objectives

• Explore the definition and broad structure of a Hedge Fund as an investment vehicle.
• Recognize common types of Hedge Funds.
• Explore concept of ECDI and steps involved in Income allocation
• Recognize the impact of capital activities on ownership percentages.
• Recognize concept of side pocket investments.
• Recognize advanced concepts of performance and management fees
• Recognize concept of Side letters, differential treatment of investors

Chapter 1 - Investors Allocation Accounting for Hedge Funds - Advanced

Chapter 1 Review Questions

Glossary/Index