• Accounting For Fiduciary Funds July 2015

    An overview of accounting for fiduciary funds of state and local governments

    published: 03 Jul 2015
  • Fiduciary funds: Agency funds and trust funds FAR CPA exam governmental course

    Like us on Facebook: https://www.facebook.com/accountinglectures Visit the website where you can search using a specific term: http://www.farhatlectures.org/ Connect with Linked In: https://www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ Fiduciary funds, agency funds, trust funds, private-purpose funds, pension fund, investment trust funds, private-purpose trust funds

    published: 10 Jun 2017
  • Government & Non-Profit Accounting: Accounting for Fiduciary Activities - Agency & Trust Funds

    Government & Non-Profit Accounting: Accounting for Fiduciary Activities - Agencies and Trust Funds (Chapter 8) April 3rd, 2013 by Professor Irfan Bora This lecture is begin with an explanation of how trust funds and agency funds are used to report on the fiduciary activities of a government. Agency funds and trust funds are also compared and contrasted (for trust funds, when they are used privately, for investing, or for pensions). The purpose and applications of agency funds is also discussed, as well as the standard activities and proper financial reporting for agency funds. The purposes, proper accounting, and proper financial reporting methods for cash, investment pools, investment trust funds, private purpose trust funds, and pension trust funds. Lastly, the proper accounting ...

    published: 23 May 2013
  • Free CPA Exam Deep Dive: Fiduciary Funds

    Get your free trial of Wiley CPAexcel today http://ow.ly/ICCtm In this free CPA Exam Deep Dive from Wiley CPAexcel, Prof. Donald Deis of Texas A&M University - Corpus Christi provides an in-depth look at how a Tax Agency Fund (TAF) works. This is part of the overall Wiley CPAexcel lesson on Fiduciary Funds, which are covered in the FAR section of the CPA Exam.

    published: 07 Jul 2015
  • US-Gaap : GASB - Fiduciary Funds

    Four types of Fiduciary funds are Pension Trust funds, Investment Trust funds, Private Purpose Trust funds and Agency funds. Pension trust funds are funds held in trust for payment of employee retirement and benefits. Investment trust funds are funds held in a trust when government is trustee. Private purpose trust funds are trust arrangements where principal remains intact and income generated is used for the benefits. Agency funds are funds held by government in a purely custodial capacity. Audio - Video by SSK Advisory Our Website : http://www.sskadvisory.com/ Subscribe to us YouTube on https://www.youtube.com/channel/UCAnTXIXnZH5vlnfxbbl47OQ?sub_confirmation=1 Like us on Facebook at https://www.facebook.com/SSKAdvisory Follow us on Twitter at https://twitter.com/AdvisorySsk

    published: 27 May 2016
  • What Is A Fiduciary Fund?

    Fiduciary funds are used to report assets held in a trustee or agency capacity for others and therefore cannot be used to support the governments own programs. Resources held in trust for the benefit of the agencys own programs or Texas citizenry are accounted for in a governmental fund rather than a fiduciary fund. Fiduciary assets will not be recognized on the balance sheet of any non fiduciary “Trust funds” Are addressed by statement federal a fund is separate fiscal and accounting entity with self balancing set current classifications are presented below. Until now, standards have not been explicit about what constitutes a jun 30, 2007 fiduciary funds. Learn vocabulary, terms, and more with flashcards, games, other study tools accounting for fiduciary activities learn ̵...

    published: 12 Dec 2017
  • Government Funds

    Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, go to https://www.youtube.com/watch?v=ThRGdw2NiR4 Video Summary: After giving a brief overview of the learning objectives of the chapter, the measurement focus is outlined (including the difference between operational and fiscal accountability). The modified accrual basis of accounting and accrual basis of accounting are also compared and contrasted. Following that, the primary activities of the government are discussed as well as the two basic sets of financial statements involved (government-wide and fund financial statements). Funds are also defined, as well as the different categories of funds (governmental funds, proprietary funds, and fiduciary funds) - however, governmental funds are fo...

    published: 16 Jul 2015
  • wayne lippman Fiduciary fund

    Used to account for funds held by Govt entity as a Trustee or Agent Uses Accrual basis of accounting and Economic Resources measurement focus (2 Exceptions) Only Fund Statements are prepared by Fund Type Statement of Net Assets Statement of Changes in Fiduciary Net Assets Combining Statements

    published: 16 Dec 2015
  • Retirement Plans: Last Week Tonight with John Oliver (HBO)

    Saving for retirement means navigating a potential minefield of high fees and bad advice. Billy Eichner and Kristin Chenoweth share some tips. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight

    published: 13 Jun 2016
  • Fiduciary Management Jargon Busters - What are target date funds?

    published: 08 Dec 2015
  • Overview of Fiduciary Funds

    In this video, fiduciary funds are discussed.

    published: 28 May 2017
  • Governmental Accounting: Fiduciary Funds Part 1 of 4

    Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel

    published: 14 Sep 2014
  • Segment 2: What makes you a fiduciary?

    published: 30 Jun 2017
  • How Graham got fiduciary management right

    A story about Graham the pension fund trustee, and how he got fiduciary management right. Go to https://www.lcp.uk.com/fiduciarymanagementoversight for more on LCP's approach to fiduciary management.

    published: 26 May 2016
  • Fund Financial Statements

    Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, go to https://www.youtube.com/watch?v=ThRGdw2NiR4 Video Summary: After giving a brief overview of the learning objectives of the chapter, the measurement focus is outlined (including the difference between operational and fiscal accountability). The modified accrual basis of accounting and accrual basis of accounting are also compared and contrasted. Following that, the primary activities of the government are discussed as well as the two basic sets of financial statements involved (government-wide and fund financial statements). Funds are also defined, as well as the different categories of funds (governmental funds, proprietary funds, and fiduciary funds) - however, governmental funds are fo...

    published: 16 Jul 2015
  • Governmental Accounting: Fiduciary Funds Part 3 of 4

    Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel

    published: 14 Sep 2014
  • Fiduciary Accountings 101

    A lightning tour through the nuts & bolts of fiduciary accounting preparation by Martin Harris of Harris Fiduciary Services, San Francisco's fiduciary/probate court accounting expert.

    published: 16 Mar 2012
  • Governmental Accounting: Fiduciary Funds Part 2 of 4

    Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel

    published: 14 Sep 2014
  • Frontline Retirement Gamble-Mutual Fund Fees

    http://www.TriumvirateAdvisors.com You are getting hosed in fees! If you have mutual funds, bond funds, 401K's or retirement accounts in the equities market. . . you are making your fund manager rich. . .and yourself poor. Watch this video and then contact me at processing@triumiratefunding.com

    published: 07 Sep 2015
  • Governmental Accounting: Fiduciary Funds Part 4 of 4

    Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel

    published: 14 Sep 2014
  • The Impending Fiduciary Armageddon Of (Most) Mutual Fund Share Classes

    An "#OfficeHours with Michael Kitces" Periscope, looking at the impending fiduciary Armageddon of (most) mutual fund share classes. For further details, see https://www.kitces.com/blog/variable-annuity-mutual-fund-share-classes-ending-under-dol-fiduciary/

    published: 22 Feb 2017
  • The Fiduciary Rule and Its Impact on Mutual Funds

    Broker Edward Jones made headlines last year with the announcement of the firm’s decision to stop offering mutual funds and ETFs in IRA’s and other retirement accounts that charge investors a commission. The firm said this move is needed in order to adhere to the compliance restrictions imposed by the new DOL Fiduciary Rule that saw it’s first implementation take place in June 2017. According to The Wall Street Journal, Edward Jones was among the first of the major brokerage firms to lay out its plans for compliance with the new rules. LPL Financial announced shortly after that it would begin to standardize commission paid to brokers, eliminating the advantage of choosing one fund family or share class over another. More announcements from other major players followed soon after even as un...

    published: 09 Sep 2017
  • What Is Meant By Proprietary Funds?

    A house-brand, or proprietary, mutual fund is created when the bank or brokerage firm that distributes the fund also acts an investment advisor for the fund. The mutual fund business has two components: managing fund assets and distributing (or selling) funds. 75 timesdefinition of proprietary fund independent investment advisor sponsored mutual fund, where advisor receives advice from the distributor of the chapter 16 governmental funds. The services that are fund accounting is an system for recording resources whose use has been limited the debts of permanent and proprietary funds serviced within those funds, since making a profit not purpose government, significant surplus generally means choice between tax cuts or spending increases 17 may 2017 used in governmental to account activitie...

    published: 12 Dec 2017
  • Kyle Bass comments on taking delivery of $1B in physical gold bullion

    "As a fiduciary, to the extent that you own gold and are going to own it a long time, it is not a trade....in the COMEX warehouse they had $80 Billion of open interest, and $2.7 Billion of deliverables....thats an easy one, you go get it." Kyle: "What if 4% of the people want delivery?" COMEX Delivery Manager: "Oh Kyle that never happens. We rarely ever get a 1% delivery. Kyle: "Well, what if it does happen?" COMEX Delivery Manager: "Oh, well price will solve everything." Kyle: "I said thanks, give me the gold." J. Kyle Bass is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund with an estimated $2.22 Billion in assets under management. http://www.physicalgoldfund.com/ You can follow Alex Stanczyk on Twitter @alexstanczyk You can follow Jim Rickar...

    published: 22 May 2015
developed with YouTube
Accounting For Fiduciary Funds July 2015

Accounting For Fiduciary Funds July 2015

  • Order:
  • Duration: 6:54
  • Updated: 03 Jul 2015
  • views: 1009
videos
An overview of accounting for fiduciary funds of state and local governments
https://wn.com/Accounting_For_Fiduciary_Funds_July_2015
Fiduciary funds:   Agency funds and trust funds FAR CPA exam governmental course

Fiduciary funds: Agency funds and trust funds FAR CPA exam governmental course

  • Order:
  • Duration: 11:50
  • Updated: 10 Jun 2017
  • views: 644
videos
Like us on Facebook: https://www.facebook.com/accountinglectures Visit the website where you can search using a specific term: http://www.farhatlectures.org/ Connect with Linked In: https://www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ Fiduciary funds, agency funds, trust funds, private-purpose funds, pension fund, investment trust funds, private-purpose trust funds
https://wn.com/Fiduciary_Funds_Agency_Funds_And_Trust_Funds_Far_Cpa_Exam_Governmental_Course
Government & Non-Profit Accounting: Accounting for Fiduciary Activities - Agency & Trust Funds

Government & Non-Profit Accounting: Accounting for Fiduciary Activities - Agency & Trust Funds

  • Order:
  • Duration: 1:45:34
  • Updated: 23 May 2013
  • views: 1586
videos
Government & Non-Profit Accounting: Accounting for Fiduciary Activities - Agencies and Trust Funds (Chapter 8) April 3rd, 2013 by Professor Irfan Bora This lecture is begin with an explanation of how trust funds and agency funds are used to report on the fiduciary activities of a government. Agency funds and trust funds are also compared and contrasted (for trust funds, when they are used privately, for investing, or for pensions). The purpose and applications of agency funds is also discussed, as well as the standard activities and proper financial reporting for agency funds. The purposes, proper accounting, and proper financial reporting methods for cash, investment pools, investment trust funds, private purpose trust funds, and pension trust funds. Lastly, the proper accounting for postemployment benefits is discussed before completing the lecture. ------QUICK NAVIGATION------ Overview of the Lecture's Learning Objectives: 0:45 Agency Funds: 2:09 Agency Funds - Typical Uses (3 Types): 4:07 Special Assessment Agency Funds: 8:15 Example of Special Assessment Agency Fund (Journal Entries): 9:08 Tax Agency Funds (Illustrative Transactions - Examples with Journal Entries): 11:05 Pass-through Agency Funds: 16:48 Fiduciary Funds Required Financial Statements: 22:34 Statement of Fiduciary Net Assets (Illustration): 22:55 Statement of Changes in Fiduciary Net Assets: 25:00 Types of Trust Funds (3 types): 27:06 Trust Funds: 27:27 Investment Trust Funds: 29:23 Private Purpose Trust Funds: 35:25 Accounting for Private Purpose Trust Funds: 40:17 Private Purpose Trust Funds (revisited): 40:35 Pension Trust Funds: 46:01 Employer Pension Accounting: 54:03 Reporting for Defined Benefit Pension Plans: 55:53 Statement of Net Assets (illustration): 1:05:46 Statement of Plan Net Position (Illustration): 1:09:36 Statement of Changes in Plan Net Position (Illustration): 1:12:15 Schedule of Employer Contributions: 1:13:14 Schedule of Funding Progress: 1:14:10 Evaluating Defined Benefit Pension Plans: 1:16:12 Employer Pension Accounting - Key Terms (Annual Required Contributions - ARC): 1:18:40 NPO - Net Present Obligation: 1:24:22 Annual Pension Cost: 1:24:27 Schedule of funding progress (Revisited): 1:25:21 Employer Pension Accounting - Key Terms (revisited): 1:28:00 Employer Pension Accounting - Expenditure / Expense: 1:28:54 Other Postemployment Benefits (OPEB): 1:33:47 Managing Investment Trust Funds and Pension Funds: 1:34:04 Polling Questions: 1:35:01 To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
https://wn.com/Government_Non_Profit_Accounting_Accounting_For_Fiduciary_Activities_Agency_Trust_Funds
Free CPA Exam Deep Dive: Fiduciary Funds

Free CPA Exam Deep Dive: Fiduciary Funds

  • Order:
  • Duration: 4:37
  • Updated: 07 Jul 2015
  • views: 895
videos
Get your free trial of Wiley CPAexcel today http://ow.ly/ICCtm In this free CPA Exam Deep Dive from Wiley CPAexcel, Prof. Donald Deis of Texas A&M University - Corpus Christi provides an in-depth look at how a Tax Agency Fund (TAF) works. This is part of the overall Wiley CPAexcel lesson on Fiduciary Funds, which are covered in the FAR section of the CPA Exam.
https://wn.com/Free_Cpa_Exam_Deep_Dive_Fiduciary_Funds
US-Gaap : GASB - Fiduciary Funds

US-Gaap : GASB - Fiduciary Funds

  • Order:
  • Duration: 1:18
  • Updated: 27 May 2016
  • views: 197
videos
Four types of Fiduciary funds are Pension Trust funds, Investment Trust funds, Private Purpose Trust funds and Agency funds. Pension trust funds are funds held in trust for payment of employee retirement and benefits. Investment trust funds are funds held in a trust when government is trustee. Private purpose trust funds are trust arrangements where principal remains intact and income generated is used for the benefits. Agency funds are funds held by government in a purely custodial capacity. Audio - Video by SSK Advisory Our Website : http://www.sskadvisory.com/ Subscribe to us YouTube on https://www.youtube.com/channel/UCAnTXIXnZH5vlnfxbbl47OQ?sub_confirmation=1 Like us on Facebook at https://www.facebook.com/SSKAdvisory Follow us on Twitter at https://twitter.com/AdvisorySsk
https://wn.com/US_Gaap_Gasb_Fiduciary_Funds
What Is A Fiduciary Fund?

What Is A Fiduciary Fund?

  • Order:
  • Duration: 0:46
  • Updated: 12 Dec 2017
  • views: 3
videos
Fiduciary funds are used to report assets held in a trustee or agency capacity for others and therefore cannot be used to support the governments own programs. Resources held in trust for the benefit of the agencys own programs or Texas citizenry are accounted for in a governmental fund rather than a fiduciary fund. Fiduciary assets will not be recognized on the balance sheet of any non fiduciary “Trust funds” Are addressed by statement federal a fund is separate fiscal and accounting entity with self balancing set current classifications are presented below. Until now, standards have not been explicit about what constitutes a jun 30, 2007 fiduciary funds. Learn vocabulary, terms, and more with flashcards, games, other study tools accounting for fiduciary activities learn — For free may 27, 2016. Fiduciary funds reporting requirements for annual financial fiduciary activities gasb80. Can set up other funds for g activities that are common. Resources held in trust for the benefit of agency's own programs or texas citizenry are accounted a governmental fund rather than fiduciary governments required to report activities financial statements. In november 2014, the governmental. When financial statements are prepared for fiduciary funds. Used to account for funds held by govt entity as a trustee or agent; Uses accrual basis of accounting and economic resources measurement fiduciary fund is an with from assets that the government holds it cannot use its own programs. Permanent oct 24, 2006 entity. 84, fiduciary activities, supersedes reporting of agency funds and replaces it with a newly coined custodial fund, and requires fund accounting is an accounting system for recording resources whose use has been limited financial statements may further distinguish fiduciary funds as either trust or agency funds; A trust fund generally exists for a longer period of time jun 22, 2015 a few important points on fiduciary funds. Fiduciary fund types start studying fiduciary funds. 20 generally accepted accounting principlesfiduciary funds utm. Slide 2 three characteristics to look at 1. Fund classifications national center for education statistics u. Fiduciary funds are used to account for assets held by a governmental unit in trustee may 10, 2017 fiduciary fund is accounting report on trust others. What is a fiduciary fund? Understanding the new government reporting requirements for fund accounting wikipediachapter 16 governmental funds, proprietary funds & activities fasab. Saccounting for fiduciary funds flashcards us gaap gasb youtube. Private purpose trust funds among the basic principles of governmental gaap is fund accounting. • G can set up special revenue funds. A url? Q fmx. Fiduciary funds account for assets held in a trustee or agent capacity outside parties, including individuals, private organizations, and other governments. Fiduciary funds reporting requirements for annual financial. Gasb proposes new guidance on fiduciary fu
https://wn.com/What_Is_A_Fiduciary_Fund
Government Funds

Government Funds

  • Order:
  • Duration: 25:10
  • Updated: 16 Jul 2015
  • views: 3256
videos
Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, go to https://www.youtube.com/watch?v=ThRGdw2NiR4 Video Summary: After giving a brief overview of the learning objectives of the chapter, the measurement focus is outlined (including the difference between operational and fiscal accountability). The modified accrual basis of accounting and accrual basis of accounting are also compared and contrasted. Following that, the primary activities of the government are discussed as well as the two basic sets of financial statements involved (government-wide and fund financial statements). Funds are also defined, as well as the different categories of funds (governmental funds, proprietary funds, and fiduciary funds) - however, governmental funds are focused on the most during this lecture. Lastly, the dual effect of capital and related transactions is explained (including in-depth journal entries). To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
https://wn.com/Government_Funds
wayne lippman Fiduciary fund

wayne lippman Fiduciary fund

  • Order:
  • Duration: 2:46
  • Updated: 16 Dec 2015
  • views: 44
videos
Used to account for funds held by Govt entity as a Trustee or Agent Uses Accrual basis of accounting and Economic Resources measurement focus (2 Exceptions) Only Fund Statements are prepared by Fund Type Statement of Net Assets Statement of Changes in Fiduciary Net Assets Combining Statements
https://wn.com/Wayne_Lippman_Fiduciary_Fund
Retirement Plans: Last Week Tonight with John Oliver (HBO)

Retirement Plans: Last Week Tonight with John Oliver (HBO)

  • Order:
  • Duration: 21:30
  • Updated: 13 Jun 2016
  • views: 7459357
videos
Saving for retirement means navigating a potential minefield of high fees and bad advice. Billy Eichner and Kristin Chenoweth share some tips. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
https://wn.com/Retirement_Plans_Last_Week_Tonight_With_John_Oliver_(Hbo)
Fiduciary Management Jargon Busters - What are target date funds?

Fiduciary Management Jargon Busters - What are target date funds?

  • Order:
  • Duration: 1:27
  • Updated: 08 Dec 2015
  • views: 5
videos
https://wn.com/Fiduciary_Management_Jargon_Busters_What_Are_Target_Date_Funds
Overview of Fiduciary Funds

Overview of Fiduciary Funds

  • Order:
  • Duration: 2:56
  • Updated: 28 May 2017
  • views: 12
videos
In this video, fiduciary funds are discussed.
https://wn.com/Overview_Of_Fiduciary_Funds
Governmental Accounting: Fiduciary Funds Part 1 of 4

Governmental Accounting: Fiduciary Funds Part 1 of 4

  • Order:
  • Duration: 9:58
  • Updated: 14 Sep 2014
  • views: 963
videos
Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel
https://wn.com/Governmental_Accounting_Fiduciary_Funds_Part_1_Of_4
Segment 2: What makes you a fiduciary?

Segment 2: What makes you a fiduciary?

  • Order:
  • Duration: 11:50
  • Updated: 30 Jun 2017
  • views: 27
videos
https://wn.com/Segment_2_What_Makes_You_A_Fiduciary
How Graham got fiduciary management right

How Graham got fiduciary management right

  • Order:
  • Duration: 5:26
  • Updated: 26 May 2016
  • views: 168
videos
A story about Graham the pension fund trustee, and how he got fiduciary management right. Go to https://www.lcp.uk.com/fiduciarymanagementoversight for more on LCP's approach to fiduciary management.
https://wn.com/How_Graham_Got_Fiduciary_Management_Right
Fund Financial Statements

Fund Financial Statements

  • Order:
  • Duration: 17:31
  • Updated: 16 Jul 2015
  • views: 992
videos
Please like our Facebook page at https://www.facebook.com/rutgersweb To watch the entire video, go to https://www.youtube.com/watch?v=ThRGdw2NiR4 Video Summary: After giving a brief overview of the learning objectives of the chapter, the measurement focus is outlined (including the difference between operational and fiscal accountability). The modified accrual basis of accounting and accrual basis of accounting are also compared and contrasted. Following that, the primary activities of the government are discussed as well as the two basic sets of financial statements involved (government-wide and fund financial statements). Funds are also defined, as well as the different categories of funds (governmental funds, proprietary funds, and fiduciary funds) - however, governmental funds are focused on the most during this lecture. Lastly, the dual effect of capital and related transactions is explained (including in-depth journal entries). To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
https://wn.com/Fund_Financial_Statements
Governmental Accounting: Fiduciary Funds Part 3 of 4

Governmental Accounting: Fiduciary Funds Part 3 of 4

  • Order:
  • Duration: 9:58
  • Updated: 14 Sep 2014
  • views: 254
videos
Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel
https://wn.com/Governmental_Accounting_Fiduciary_Funds_Part_3_Of_4
Fiduciary Accountings 101

Fiduciary Accountings 101

  • Order:
  • Duration: 18:23
  • Updated: 16 Mar 2012
  • views: 2672
videos
A lightning tour through the nuts & bolts of fiduciary accounting preparation by Martin Harris of Harris Fiduciary Services, San Francisco's fiduciary/probate court accounting expert.
https://wn.com/Fiduciary_Accountings_101
Governmental Accounting: Fiduciary Funds Part 2 of 4

Governmental Accounting: Fiduciary Funds Part 2 of 4

  • Order:
  • Duration: 9:58
  • Updated: 14 Sep 2014
  • views: 328
videos
Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel
https://wn.com/Governmental_Accounting_Fiduciary_Funds_Part_2_Of_4
Frontline Retirement Gamble-Mutual Fund Fees

Frontline Retirement Gamble-Mutual Fund Fees

  • Order:
  • Duration: 3:58
  • Updated: 07 Sep 2015
  • views: 8961
videos
http://www.TriumvirateAdvisors.com You are getting hosed in fees! If you have mutual funds, bond funds, 401K's or retirement accounts in the equities market. . . you are making your fund manager rich. . .and yourself poor. Watch this video and then contact me at processing@triumiratefunding.com
https://wn.com/Frontline_Retirement_Gamble_Mutual_Fund_Fees
Governmental Accounting: Fiduciary Funds Part 4 of 4

Governmental Accounting: Fiduciary Funds Part 4 of 4

  • Order:
  • Duration: 9:58
  • Updated: 14 Sep 2014
  • views: 194
videos
Accounting for Governmental Fiduciary Activities [Somali] by Muhammad Ali Farah from the University of Burao. Please LIKE this video and subscribe to my channel
https://wn.com/Governmental_Accounting_Fiduciary_Funds_Part_4_Of_4
The Impending Fiduciary Armageddon Of (Most) Mutual Fund Share Classes

The Impending Fiduciary Armageddon Of (Most) Mutual Fund Share Classes

  • Order:
  • Duration: 18:20
  • Updated: 22 Feb 2017
  • views: 674
videos
An "#OfficeHours with Michael Kitces" Periscope, looking at the impending fiduciary Armageddon of (most) mutual fund share classes. For further details, see https://www.kitces.com/blog/variable-annuity-mutual-fund-share-classes-ending-under-dol-fiduciary/
https://wn.com/The_Impending_Fiduciary_Armageddon_Of_(Most)_Mutual_Fund_Share_Classes
The Fiduciary Rule and Its Impact on Mutual Funds

The Fiduciary Rule and Its Impact on Mutual Funds

  • Order:
  • Duration: 8:20
  • Updated: 09 Sep 2017
  • views: 11
videos
Broker Edward Jones made headlines last year with the announcement of the firm’s decision to stop offering mutual funds and ETFs in IRA’s and other retirement accounts that charge investors a commission. The firm said this move is needed in order to adhere to the compliance restrictions imposed by the new DOL Fiduciary Rule that saw it’s first implementation take place in June 2017. According to The Wall Street Journal, Edward Jones was among the first of the major brokerage firms to lay out its plans for compliance with the new rules. LPL Financial announced shortly after that it would begin to standardize commission paid to brokers, eliminating the advantage of choosing one fund family or share class over another. More announcements from other major players followed soon after even as uncertainty around the fiduciary rule continued. Here's how the rule impacts mutual funds and retirement savings. (For more, see: Making the New Fiduciary Rule Clear for Clients.) Why No Mutual Funds? One of the biggest tasks that all brokerage and advisory firms are going to face is the need to justify variable compensation under the new fiduciary rules. In the case of Edward Jones, the variable compensation can include front-loaded A shares, C shares with their level back-end loads, and differing prices for different fund share classes. One of the many requirements of the new rules is that brokers will have to justify the varying commissions of products they recommend versus other products that they could have recommended for a retirement saver. Selling mutual funds with commissions or other forms of variable compensation will require advisors to provide clients with a Best Interest Contract Exemption (BICE) disclosure to sign. It is likely that many brokers and financial advisors will try to avoid this conversation and the questions the BICE form might raise with clients. This is most likely one of the motivating factors behind the decision that Edward Jones made. Implications for Savers According to The Wall Street Journal, in 2016 Edward Jones managed some four million retirement accounts. Undoubtedly, many are owned by smaller investors who make very few trades each year, and taking away the option of using mutual funds or ETFs drastically limits their options. These existing account holders can retain their current holdings via the grandfathering provision of the fiduciary rule. However, new purchases since the rule began to take effect on June 9, 2017 will fall under the new rules already being implemented by Edward Jones. One alternative for clients is to move to a fee-based account that charges an AUM-based fee. For clients who trade infrequently, these accounts could drastically increase their investing cost. For brokers at firms like Edward Jones, these fee-based accounts can be a source of a nice payday for doing very little in the way of providing advice. Time will tell whether a majority of clients will opt for the fee-based account o
https://wn.com/The_Fiduciary_Rule_And_Its_Impact_On_Mutual_Funds
What Is Meant By Proprietary Funds?

What Is Meant By Proprietary Funds?

  • Order:
  • Duration: 0:45
  • Updated: 12 Dec 2017
  • views: 13
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A house-brand, or proprietary, mutual fund is created when the bank or brokerage firm that distributes the fund also acts an investment advisor for the fund. The mutual fund business has two components: managing fund assets and distributing (or selling) funds. 75 timesdefinition of proprietary fund independent investment advisor sponsored mutual fund, where advisor receives advice from the distributor of the chapter 16 governmental funds. The services that are fund accounting is an system for recording resources whose use has been limited the debts of permanent and proprietary funds serviced within those funds, since making a profit not purpose government, significant surplus generally means choice between tax cuts or spending increases 17 may 2017 used in governmental to account activities involve business like interactions, either employed report on financed primarily by revenues generated answer lies meaning modified accrual if you stroll down aisle any large supermarket today, mixed with merchandise house brand, proprietary, mutual created when bank brokerage firm distributes industry entered into as averaging out their general this all financial capital facilities (other than trust funds) – Are government's type (i. Chapter 5 financial reporting, accounting for local and. Enterprise funds provide goods or services to the general public for a fee mutual fund sponsored and managed by certain financial institution. Touring the financial statements, part iii governmental funds. Mutual funds brand names vsdefinition of city and borough juneaufund reference manual. Chapter 16 governmental funds, proprietary funds & fiduciary fund reporting requirements for annual financial definition of a (with pictures) accountingtools. Examples of proprietary funds include enterprise and internal service. For activities similar to profit seeking businesses; Provides goods and services on a fee or user charge basis; Should be self proprietary ratio 3,00,000 4,00,000 0. Dictionary of present fund financial statements for proprietary funds using the economic resources measurement focus and full accrual basis accounting. Definitions of fund types and roll up funds. Html url? Q webcache. 3 – Governmental funds 1 barrons dictionary the two types of proprietary funds are the enterprise fund and the internal service fund. Reserves designations of fund balance city newport beach. Simplestudies simplestudies accounting dictionary proprietary_fund. Proprietary fund financial definition of proprietary fundsimplestudies. While some financial institutions offer other funds along with their own, many only sell own proprietary to investors fund operations. Proprietary fund financial definition of proprietary fund. Googleusercontent searchin governmental accounting, is a business like fund of state or local government. Proprietary fund financial definition of proprietary fundproprietary ratio definition, explanation, formula, example what is fund? Definition and mean
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Kyle Bass comments on taking delivery of $1B in physical gold bullion

Kyle Bass comments on taking delivery of $1B in physical gold bullion

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  • Duration: 2:11
  • Updated: 22 May 2015
  • views: 16632
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"As a fiduciary, to the extent that you own gold and are going to own it a long time, it is not a trade....in the COMEX warehouse they had $80 Billion of open interest, and $2.7 Billion of deliverables....thats an easy one, you go get it." Kyle: "What if 4% of the people want delivery?" COMEX Delivery Manager: "Oh Kyle that never happens. We rarely ever get a 1% delivery. Kyle: "Well, what if it does happen?" COMEX Delivery Manager: "Oh, well price will solve everything." Kyle: "I said thanks, give me the gold." J. Kyle Bass is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund with an estimated $2.22 Billion in assets under management. http://www.physicalgoldfund.com/ You can follow Alex Stanczyk on Twitter @alexstanczyk You can follow Jim Rickards on Twitter @JamesGRickards You can listen to the Gold Chronicles on iTunes at: https://itunes.apple.com/us/podcast/the-gold-chronicles/id980027782?mt=2 You can Listen to the Physical Edge on iTunes at: https://itunes.apple.com/ca/podcast/physical-gold-fund-podcasts/id1056831476?mt=2 You can subscribe for updates by email and download our podcasts at: http://www.physicalgoldfund.com/podcasts/ You can access transcripts of our interviews at: http://www.physicalgoldfund.com/category/transcripts/
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