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ORGANIZATIONAL SET UP OF Financial Institutions

ORGANIZATIONAL SET UP OF Financial Institutions

ORGANIZATIONAL SET UP OF Financial Institutions. Functions of Financial Institutions. 1. Aids the flow of capital 2. Credit allocation 3. Provides economies of scale and scope 4. Satisfies the needs of general public 5. Provides specialization and expertise

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Housing Trust Funds

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RESIDENT TRUST FUNDS

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ONLINE RESIDENT TRUST FUNDS

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Trust and Agency (Fiduciary) Funds. Chapter 12. Understand & discuss circumstances when funds are used Define and distinguish among the four types of funds Prepare basic journal entries. Prepare Agency Fund financial statements Prepare Trust Fund financial statements

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