Acting as a fiduciary isn’t always easy. A fiduciary owes many duties to the beneficiaries, and a breach of a duty can result in liability. One of these responsibilities is the duty to account.

As with all other fiduciary duties, accounting is an integral part of being a fiduciary of an estate or trust, and must be handled with due care to protect both the fiduciary and the beneficiaries. A ...

The Governmental Accounting Standards Board has posted a proposed implementation guide with a set of questions and answers about GASB’s new standards on accounting and financial reporting for ...

IMGCAP(1)]Many CPAs are asked to act as trustees or are retained to prepare fiduciary income tax returns for trusts. The CPA who is involved in trust issues must become aware of the fiduciary trust ...

Acting as a fiduciary isn’t easy. A fiduciary owes many duties to the beneficiaries, and a breach of a duty can result in liability. This includes the duty to account. Sometimes an accounting is ...

The term "fiduciary activities" refers to assets, which a federal, state or municipal government administers for non-federal individuals. Some types of fiduciary activities include the Thrift Savings ...

Bruce M. DiCicco writes: One of the most common issues arising in the context of estate and trust administration in my experience is the refusal or failure of a fiduciary to account to the ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Andy Smith is a Certified Financial ...

The financial services sector remains reasonably undervalued and recently traded at a market-cap-weighted price to fair value estimate ratio of 0.88. We see Brexit as having negative implications for ...

While having a solid handle on your business’s finances is essential, how you track business expenses and income may differ from how other small businesses conduct their accounting. Becoming ...

LUXEMBOURG, GRAND DUCHY OF LUXEMBOURG / ACCESS Newswire / May 16, 2026 / Bookkeeper, the AI-native fiduciary platform operated by Financial Services Luxembourg (RCS B213987, ministerial establishment ...