Author : Mary S. Wheeler
Publisher : National Association of College and University Business Officers (Nacubo)
ISBN 13 : 9780915164233
Total Pages : 51 pages
Book Rating : 4.1/5 (642 download)
Book Synopsis NACUBO's Guide to Unitizing Investment Pools by : Mary S. Wheeler
Download or read book NACUBO's Guide to Unitizing Investment Pools written by Mary S. Wheeler and published by National Association of College and University Business Officers (Nacubo). This book was released on 2011 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many institutions have adopted investment pools to manage resource investments. Not only does a unitized investment accounting system provide a uniform and disciplined approach it also provides a mechanism for which investment funds can be pooled, which in turn maximizes investment efficiencies while providing detailed information about each fund with the pool. With NACUBO's Guide to Unitizing Investment Pools, the author leads readers through the steps to establish a unitized investment pool and reveals what it takes to make this procedure work in the real world. Written for both the new and the experienced campus business officer, the publication presents practical advice on the decisions that must be made and procedures required for implementing a system in which the accounting records for individual funds making up an investment pool are maintained on a unit or market value basis.The author lends a common-sense approach to the subject illustrating the text with numerous useful examples that are included in the book and more that are available to download.