Senior Fund Accounting Analyst

Senior Fund Accounting Analyst Interview Questions and Answers

Updated 22 Jul 2024

Q1. What is fund accounting

Ans.

Fund accounting is a specialized accounting system used by non-profit organizations and government agencies to track and manage funds separately.

  • Fund accounting is used to track and manage funds separately for different purposes or restrictions.

  • It is commonly used by non-profit organizations, government agencies, and investment companies.

  • Each fund has its own set of accounts and financial statements to show how the funds are being used.

  • Fund accounting helps ensure that donor ...read more

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