2024 Fiduciary Accounting: Fundamentals & Rules

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. 

Presented by Doug Van Der Aa, CPA, JD

• Delivery Format: Live Webcast Replay

Practitioners and members in industry seeking to gain a better understanding of fiduciary accounting of estate and trusts issues

• Apply a working knowledge of the financial accounting rules for estates and trusts
• Identify planning and potential pitfalls

• 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

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