answersLogoWhite

0


Best Answer

Portfolio accounting is a method of taking all the financial information for someone, and preparing it in a detailed portfolio, or presentation, that shows several what-if scenarios to help ease discomfort.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does someone who works in portfolio accounting do?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What do you call someone who works in accounting management?

An accounting manager.


What is a portfolio manager?

A portfolio manager is someone who manages a group of investments for someone else.


What is a sentence for the word accounting?

My mom works at accounting in a office in New York


What is the portfolio of Thulas Nxesi?

Thulas Nxes holds the portfolio of the minister for Public Works in the South African cabinet.


How can someone improve their accounting performance?

what is accounting


What is portfolio accounting?

Portfolio Accounting primarily deals with valuation and follow-up processing for the financial business concluded in Portfolio Management (monitoring, correspondence processing, payment processing, key-date processing). It is also concerned with the maintenance of position keeping for financial instruments - with regard to corporate actions, such as interest and dividend payments. All sub ledger and general ledger accounting activities connected to financial investments made by the company form the core element of Portfolio Accounting. This includes the initial update of financial business and the execution of period-end closing. Legal requirements (like IFRS) also currently necessitate parallel valuation and creation of financial statements, based on various international financial reporting standards. The consolidation and fulfilment of legal statutory reporting also need to be assigned to Portfolio Accounting.


What career is project portfolio management?

Some type of career for project portfolio management are: business, economics, accounting, marketing, softwares,bankings etc. They are responsible for managing and evaluating investments.


What is the portfolio of Jeremy Cronin?

Jeremy Cronin holds the portfolio of deputy minister for Public Works in the South African cabinet.


Why would someone choose accounting as a profession?

Someone who is good with math and numbers would choose accounting as a profession


What is an electric or digital portfolio?

An electric or a digital portfolio is a collection of someone's work that can be viewed on a digital device such as a computer or tablet. One might create a digital portfolio for a job interview.


IT related job and their job descriptions?

Most IT's works with accounting department specifically with the accounting manager.


Importance of portfolio management?

It is important to have someone manage your portfolio so it is constantly adjusted according to profits made and the economy. You don't need to be involved on a daily basis if you pay someone to oversee this for you.