Financial and Management Reporting. A. Income and Expenses 1. preparation of budgets 2. expense figures calculated and accrual levels set 3. monitoring of expenses 4. approve and authorize payment of expenses 5. projection of income 6. checking account reconciliation
Financial and Management Reporting. A. Income and Expenses 1. Expense figures calculated and accrual levels set 2. Monitoring of expenses, accruals monthly 3. Approve and coordinate payment of expenses 4. Projection of income and expenses (with regards to B(2)) - ex-date will determine if projection will apply 5. Calculation of advisory fee, 12b-1 fee 6. Calculation of average net assets
Financial and Management Reporting. A. Income and Expenses (class specific when applicable) 1. Preparation of monthly expense analysis (class specific) 2. Expense figures calculated and accrual levels set (class specific) 3. Monitoring of expenses paid and expense caps (monthly) 4. Approve and process the payment of authorized expenses 5. Checking Account Reconciliation (monthly) 6. Write checks to pay vendors 7. Calculation and payment of advisory fees
Financial and Management Reporting. A. Income and Expenses
Financial and Management Reporting. The financial and management reporting requirements of the Corporation as well as its control procedures and hedging and risk management policies shall be agreed by the Board. All material accounting policies of the Corporation shall also be determined by the Board (or the audit committee of the Board, if applicable). Such reporting requirements, control procedures and hedging and risk management policies shall also be approved by Shareholders to the extent required under Section 4.3. The policies shall require in any event that the Corporation will forward to the Shareholders:
Financial and Management Reporting. (a) Except as otherwise provided in this Agreement, the financial and management reporting requirements of the JVC as well as its control procedures shall be agreed by the Board. All material accounting policies of the JVC shall also be determined by the Board. Each Party shall cause the JVC to forward to the Shareholders:
Financial and Management Reporting. (a) The CEO shall cause the Company and the Group on a regular and timely basis to prepare and submit to the Board by November 1 of each calendar year, a proposed annual operating budget for the Group for the next succeeding fiscal year (the “Annual Budget”). The Annual Budget shall include product prices and discounts, analysis of days sales outstanding, cash flow and working capital, detailed overheads, distribution channels and shall be prepared in a form to be agreed between the Parties.
Financial and Management Reporting. A. Income and Expenses 1. Monitoring of expense accruals, budgets, expense payments and expense caps
Financial and Management Reporting. A. Income and Expenses 1. Expense figures calculated and accrual levels set 2. Monitoring of expenses and expense caps (monthly) 3. Approve and coordinate payment of expenses 4. Checking Account Reconciliation (monthly) and establish expense checking account 5. Calculation of advisory fee, 12b-1 fee and reimbursements to Trust, if applicable 6. Authorize the recording and amortization of organizational costs and pre-paid expenses (supplied by Advisor), for start-up funds and reorganizations 7. Calculation of average net assets 8. Expense ratios calculated
Financial and Management Reporting. A. Income and Expenses 1. Expense figures calculated and accrual levels set separate by class 2. Monitoring of expenses and expense caps (monthly) separate by class 3. Approve and coordinate payment of expenses 4. Checking Account Reconciliation (monthly) and establish Fund operating expense checking account 5. Calculation of advisory fee, 12b-1 fee and reimbursements to fund, (if applicable) 6. Authorize the recording and amortization of organizational costs and pre-paid expenses (supplied by adviser), for start-up funds and reorganizations 7. Calculation of average net assets separate by class 8. Expense ratios calculated separate by class
