In proprietary fund
financial statements and government-wide financial statements, the entire amount of the equity interest would be recorded in financial statements prepared using the economic resources measurement focus and the accrual basis of accounting.
Additionally, each proprietary fund
charges fees in excess of the fees the plan would have paid by purchasing comparable separately managed accounts," the complaint said.
Daley, executive vice president of Richman, "Fund 88, along with several proprietary fund
executions, puts Richman on track in 2012 to close almost $1 billion in equity investments in affordable multifamily, senior and special needs properties throughout the U.
Delivered via Sauer Caputal's proprietary fund
accounting platform, the automated service enables fund managers to easily segregate illiquid investments.
29, provides guidance on accounting for insurance recoveries and was applicable to government-wide and proprietary fund
reporting concentrates on operating income determination, changes in net assets, financial position, and cash flows.
Wit Capital Group Inc, parent of online investment banking firm Wit Capital Corp, says it has closed its first proprietary fund
, Arista Capital Partners LP, a $39.
Because of this legal right of offset, the employer is able to subtract the resources of the pension/OPEB trust (fiduciary net position, or FNP) from its total pension/OPEB liability when calculating the net pension/OPEB liability that it reports on its government-wide statement of net position and its proprietary fund
statement of net position.
While 38% in this segment still recommend proprietary fund
offerings from the plan provider, and 46% recommend TDFs provided by external third-party managers, Cogent suggests this is a clear sign of market evolution toward greater use of customization.
After adopting Concepts Statement 4, GASB began to consider whether transactions addressed in new accounting standards resulted in reporting items in the government-wide and proprietary fund
statements of net assets (and sometimes in the fiduciary funds statement of net assets) that met the definitions of deferred outflows and deferred inflows.
In addition to our multi-investor fund offerings, Richman had several proprietary fund
programs which closed throughout 2011.
According to their 2009 CAFR, the County summarizes the activities of the general fund, three major special revenue funds, 28 non-major special revenue funds, five major proprietary funds
, one non-major proprietary fund
, four non-major capital projects funds, one debt service fund, one investment trust fund, and 17 agency funds.