Kategoriarkiv: Money


The Scope of Investment

Investment has a number of facets; the employment of professional fund managers who are expert on numbers, studies and researches, deals, settlements, marketing, including internal auditing and preparation of reports to clients and stockholders. The largest financial fund managers are a firm that shows the entire complex demands needed.

Apart from the people who bring in the money or those marketers and investors, and the people who direct investments or the fund managers, there is one essential instrument which lightens the duties and responsibilities of the manpower, relatively termed as investment management system.

Having the idea of acquiring such system is efficient in any way. When we talk about investment management system we are dealing with the strict compliance of having a cost certainty on this matter. Systematically, when we deal with money, particularly on investments, business heads always tend to overpower themselves on the investment itself. In reality putting emphasis on the investors will give a much complacent result. As inventors, a long term return of investment is always reconsidered. Here is where the investment management system comes in. The system, if followed heartily will always give you what you aim for.

The Reality of Business: Shareholders are Company Owners

Shareholders also known as stockholders are individuals who owns at least a share or a part of the company or institution. Shareholders have the potential profit of the company if the company is working well, but when a company’s performance is poor then the profit is also down. Profit is proportional to each other.

Shareholders are also company owners. They do have rights subject to a corporation’s charter and bylaws; inspection of company books and records and they can even sue the corporation for any misdeeds of the directors or officers of the board. Therefore, a shareholder and a company owners share the same rights.

Companies often control the majority of shares and stocks. More often they are representing as fiduciary agents rather than direct owners. The shareholders probably have great power to alter the companies thru their rights of the shares the company has and the ability to implement a strict management.

Practically, the ultimate owners of the shares and stocks often do not practice the power they have because it is the company owners who collectively holds every undertaking.

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post trade processing

A First-Timers Guide to the Basics of Fund Accounting

If you have worked in a church, school or government office, you might already be familiar with fund accounting. Such method of accounting is usually used by nonprofit organizations. It is required for all government bodies by the generally accepted accounting principles. Fund accounting allows these organizations to separate income and expenses by class, giving the reviewer of the financial statements a proper accounting of such like activities.

Easily put, fund accounting is like having a whole financial record set, including income statement, balance sheet and statement of cash flows for separate entities in an organization. This is an accounting method that allows the user to classify income and expense items according to a specific fund. For example, a church may have a mission’s fund, benevolence fund, building fund and general fund. All of these receive revenue and have expenses associated with the individual fund, although they are part of the larger entity. Fund accounting helps keep track of these individual funds along with the overall entity.

Religious and government organizations get money from donors imposing the regulations, restrictions and limitations to its use. Fund accounting will help to ensure that these limitations and restrictions are observed and have been placed on these resources. While the individual fund is accounted for in accordance with the imposed donor restrictions, fund accounting also allows the management to view all fund in a consolidated statement to determine the financial status of the organization as a whole.

There is a wide range of accounting products created to specifically cater to the nonprofit looking to set up fund accounting. This accounting system can be set up in basic software like QuickBooks, using their classes to structure the accounts. However, depending on the size of the organization, you might likely be better off buying software that has been specially made for fund accounting.

Most fund accounting programs come with some form of consulting and training program, usually purchased together with the software. Shelby Systems, for example offer their church accounting products with free training. It would be wise, though, to get a solid understanding of accounting before you attempt to set up this kind of system.

asset management software

The Roles of Asset Management Solutions in Organizations

Asset management solutions can serve various functions in organizations, depending on their business goals, resource availability, IT infrastructures and software portfolios. For most organizations, the goal of implementing asset management solutions is very tactical in nature, and is specifically focused on balancing the number of purchased software licenses with the number of actual copies installed.

Aside from balancing the number of licenses with the number of installations, effective asset management solutions should ensure that the utilization of all installed software is in keeping with the terms and conditions of the specific vendor license agreement. By doing so, organizations are able to minimize liabilities associated with software piracy should an audit by a software vendor or third party take place.

According to its interpretation, asset management solutions involve conducting detailed software inventories on a periodic basis to determine the exact number of software installations, comparing this information with the number of licenses purchased, reviewing how the asset management solutions are utilized in respect to the terms and conditions to make sure that proper licensing practices are maintained on an ongoing basis. Such feat can be accomplished with a combination of IT processes, technology solutions like software inventory tools and purchasing policies and procedures.

The strategic goals of asset management solutions, when more broadly defined, usually include, but are not limited to, the following:

  • Reduce costs for software and support by negotiating volume contract agreements and reallocation or eliminating underused software licenses.
  • Enforce compliance with the desktop standards and security policies of the organization.
  • Improve employer productivity by sending out the right kinds of technology quicker and more reliably.
  • Limit overhead that is associated with supporting and managing software by streamlining or automating IT processes, such as patch management, issue tracking, software deployment, and inventory tracking.
  • Establish ongoing procedures and policies surrounding the procurement, deployment, documentation, use and retirement of software in an effort to recognize the long term benefits of asset management solutions.

There are so many technologies and tools that make asset management solutions do their intended, and choosing them it is up to the needs of the organization.