Top Fund Accounting Tutors in New York NY Area
Fund accounting is a method for determining how certain monies are used, as opposed to what profit is being made. Most utilized by non-profits and governments, fund accounting focuses on allocations of funds and proper distribution thereof. When dealing with fund accounting, specific attention must be paid (pun intended!) toward where the money is coming from, how it was meant to be used, and then how it is going to be used. Separate categories, tracking restrictions, planning, and evaluation are all relevant terms when dealing with fund accounting. Not only responsible for showing what already exists in a company’s reserves, successful fund accountants can determine where the funds will be in the next year, indicating the size and type of revenue that will be amassed or used over time. At the base level, fund accounting breaks down finances, appropriating funds to specified purposes, rather than lumping them all together as a ‘profit’ or ‘loss.’ Due to being distinct from traditional business planning, Fund Accounting students might be at a disadvantage when first broaching the subject and could learn a lot from a Fund Accounting Tutor or expert to help bridge the gap between traditional business thinking and this differentiated model. It’s not just about getting the math and finance ideas straight, it’s about thinking of business in a differentiated way.
New York NY 10021
4.61 miles away
BS from Columia University.
I am a Columbia University graduate in Computer Science and Economics, with a minor in Applied Mathematics. I scored a perfect 2400 on the SAT, perfect 36 on the ACT, and perfect 5s on 12 AP tests. Two biggest passions that I have are science and teaching. I teach virtually every subject from junior high school to college, including SAT, ACT, compu...
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