11d • General discussion
🎯 NAV Pro Tip #3: The Balance Sheet Reality Check
Before you sign off the NAV, take 3 minutes to scan the balance sheet:
✅ Do cash balances make sense?– Any unusually large balances sitting idle?– Negative cash where you wouldn’t expect it?– Movements aligned with subscriptions, redemptions, and trades?
✅ Are receivables and payables behaving normally?– Old dividend, tax, or interest receivables still outstanding?– Accrued expenses growing month after month with no settlement?– Any balances that “never seem to clear”?
✅ Any suspense or control accounts still open?– Temporary accounts not cleared on time?– Manual adjustments parked and forgotten?– Items no one fully owns?
Why this matters:
Many NAV errors don’t start today — they roll forward quietly.
Unreviewed balance sheet items compound risk and eventually turn into audit findings, NAV restatements, or client escalations.
Pro move:
If you can’t explain a balance in one sentence, it needs attention — even if it’s small.
Building better NAV production habits, one day at a time.
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🎯 NAV Pro Tip #3: The Balance Sheet Reality Check
