Open-end Fund Accounting To Run Study

Security investment fund is one means of portfolios by which security investors share interests and risks. Compared to closed-ended fund, open-ended fund (OEF) has clear superiority in institution to better protect investors' interest and hence makes headway in the international capital market. Within the year that followed, groups of OEF expanded rapidly by sound market demand and government policy. The development of OEF promoted the expansion and criterion of stock market, and optimized the allocation of stock market resources. Open-ended fund stepped to be the mainstream of security investment fund market in our country. Therefore, it is very necessary to form the systematic accounting theory of OEF to adapt to its development.The paper mainly adopts the normative method and the theory of economy and finance. Based on the domestic and foreign researches, the paper focus on the accounting operation for OEF according to the characteristics of OEF, which studies the process of accounting information production including accounting recognizing, measurement, recording and reporting. This thesis offers the basic accounting theories and methods of open-ended fund, studies how to do accountancy of OEF. Moreover, it also deals with the mechanism of accounting report and information disclosure for OEF, analyses the utilization of accounting information in the management for OEF.Seldom research has touched the area of accounting for open-ended fund, it is a new subject in our country. The article uncovers the accounting operation for OEF, makes an intensive study of the basic accounting theories and methods of open-ended fund. As a result, the paper promotes the perfection of accounting theory and practice for OEF, and helps the manager raise the level of management, which has very important practical significance.