What Is a Hedge Fund Accountant?

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A hedge fund accountant is the person looking over the books from a hedge fund to determine if investments are making or losing money. Get reports on the health of a hedge fund from a special accountant with advice from a financial consultant in this free video on money management and personal finance.

Part of the Video Series: Money Management & Personal Finance
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Video Transcript

Hi, I'm Roger Groh at Groh Asset. Today, we're here to talk about hedge funds and, specifically, the accounting that goes on within a hedge fund to determine whether or not you're making money or losing money. If I were an investor putting money into a fund, I would require that fund to hire an outside accounting firm to review the books, to look at all of the transactions, and see whether or not there's been a gain or a loss. And then report that data to the appropriate people. The appropriate people might be the management of the hedge fund, it might be an outside group, or it might be me, the investor. It really depends upon the terms of the agreement that you have with the hedge fund manager. So a hedge fund accountant is pretty simple. That's the person looking over the books at whatever you've invested in to determine whether or not you've made money or lost money. I'm Roger Groh at Groh Asset, and thank you very much for spending time with me.

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