All resources (revenues) of an institution are initially classified as either unrestricted or restricted. This concept is applied to all of the fund groups, though particularly the current funds. From ...
Private equity fund accounting is quite complex to other investment vehicles. What separates fund accounting from general accounting is that, while small businesses, for example, make purchases with ...
An audit of Millcreek Township's 2023 finances revealed accounting errors including improperly recorded fund transfers. The township's trial balance was also found to be incorrect due to issues with ...
Money market funds are a fixed income investment that buys debt securities characterized by a short maturity -- less than one year -- and low credit risk -- investing in short-term bonds issued, for ...
Now that the various classifications of revenue have been defined, it is important to identify what is revenue. Identifying what qualifies as revenue is critical not only from an accounting and ...
MIAMI--(BUSINESS WIRE)--Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today announced an agreement with Permian Group (“Permian”) to provide fund ...
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Financial technology leader FIS™ (NYSE: FIS) has been named a best-in-class provider for its InvestOne investment accounting system by leading global research firm ...