Registry
Module Specifications
Archived Version 2010 - 2011
| |||||||||||||||||||||||||||||||||
| Module Aims | |||||||||||||||||||||||||||||||||
|
The course primarily examines the role of the Accounting Agent for a mutual fund. Case studies examining the primary roles and functions of a mutual fund Custodian and Transfer Agent are provided in the syllabus. The case studies are intended to develop student''''s knowledge of the various service partners in the fund industry.Students will gain an understanding of the types of transactions handled by a mutual fund accountant and how they effect the daily determination of a fund''''s Net Asset Value( NAV). Selected topics include equity transactions, bond transactions, portfolio appreciation and depreciation, daily income and expense accruals, performance indicators, capital stock and distributions. Foreign currency and non-base currency transactions will be examined. Students will be in a position to compare and contrast various financial instruments and their derivatives. Students will understand the components of a daily NAV and factors that influence daily change in a funds capital structure.
| |||||||||||||||||||||||||||||||||
| Learning Outcomes | |||||||||||||||||||||||||||||||||
|
1. Discuss the accounting, auditing, administrative and regulatory aspects of a mutual fund. 2. Calculate the daily Net Asset Value (NAV) of funds and assess factors that influence daily change in a fund’s capital structure. 3. Evaluate foreign exchange transactions and account for non-base currencies in a fund. 4. Interpret the financial statements and assess the performance of a mutual fund using performance indicators. 5. Evaluate investment strategies detailed in a mutual fund prospectus 6. Compare and contrast various financial instruments and their derivatives | |||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||
| NOTE | |||||||||||||||||||||||||||||||||
|
Assume that a 5 credit module load represents approximately 75 hours' work, which includes all teaching, in-course assignments, laboratory work or other specialised training and an estimated private learning time associated with the module. | |||||||||||||||||||||||||||||||||
| Indicative Syllabus | |||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||
| Indicative Reading List | |||||||||||||||||||||||||||||||||
|
Central Bank of Ireland, UCITS Notices 1989, Central Bank of Ireland. Albert J. & Wiles, Russ, How Mutual funds work, New York Institute of Finance. Mahony, Stephen, A-Z of International Finance, Pitman Publishing. Various Manuals designed by PFPC for case study and accounting conventions. | |||||||||||||||||||||||||||||||||
| Programme or List of Programmes | |||||||||||||||||||||||||||||||||
| AF | BA in Accounting & Finance | ||||||||||||||||||||||||||||||||
| BS | Bachelor of Business Studies | ||||||||||||||||||||||||||||||||
| BSI | Business Studies ( with INTRA ) | ||||||||||||||||||||||||||||||||
| BSSA | Study Abroad (DCU Business School) | ||||||||||||||||||||||||||||||||
| BSSAO | Study Abroad (DCU Business School) | ||||||||||||||||||||||||||||||||
| Archives: |
| ||||||||||||||||||||||||||||||||