GENERAL TREASURER’S WORKSHOP

    Agenda

    Welcome and Introductions
        Expectations
        Disclaimer
        Other Workshops

    Club Accounting Basics

    Verification of Club Books
        Pre-filing verification
        Reports to print for Verification
        Other documents
        Procedures
        NAIC Resources

    Year End Duties

    Tax Information

    Advanced Topics
        Company-paid fees/commissions
        Can one member buy out another?
        Options for total withdrawals
            Withdrawal paid with all cash
            Withdrawal paid with stock
            Other Considerations
        Equal partners?
        Total Return, Compound Ann Ret
        Cash Accounts
            Cash Accounts, cont.
            Cash Accounts, cont.
        Member Deposit vs. Member Fee
            Member Deposit vs. Member Fee (cont.)
            Member Deposit vs. Member Fee (cont.)
            Member Deposit vs. Member Fee (cont.)
            Member Deposit vs. Member Fee (conclusion)
        Dates on Transactions

    Resources
        NAIC
        ICLUBcentral
        Yahoo Stock Information
        IRS

    Questions?