2024 Fiduciary Accounting: Fundamentals & Rules
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Virtual
2.00 Credits
Member Price $79.00
Non-Member Price $109.00
Overview
This course will dive into the fundamentals of fiduciary accounting and provide a reporting guide for determining whether receipts and expenditures are assigned to income or principal/corpus.
Highlights
- Fundamentals of fiduciary accounting
- Uniform Principal and Income Act
- Mandatory and discretionary allocations and adjustments
- Address the trustees ability to override the fallback rules
- Review the contents of a proper set of trust accounting statements
Prerequisites
Basic working knowledge of accounting for estates and trusts
Designed For
Practitioners and members in industry seeking to gain a better understanding of fiduciary accounting of estate and trusts issues
Objectives
- Apply a working knowledge of the financial accounting rules for estates and trusts
- Identify planning and potential pitfalls
Preparation
None
Non-Member Price $109.00
Member Price $79.00