AIB Trust Operations (AIB-8325)

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This is a comprehensive introduction to the organizational operations of the trust industry. This course, revised in 2005, describes the products and services associated with the operations of a trust institution, how those products and services are managed, and how trust operations professionals can provide effective service to their associates and customers, both current and potential.

Delivery Options

Instructor-Led Online

Audience

Entry-level trust personnel (personal, corporate, employee benefits) at both the officer and non-officer level.

Learning Objectives

After successfully completing this program, you will be able to:

• Trace the historical development of the trust business; define the elements of a trust; analyze personal trust and agency business; contrast the basic employee benefit plans; and describe trust institution organization
• Compare stock to preferred stock; understand fixed-income bond investments; define cash equivalents; and describe investment management companies
• Explore the primary and secondary securities markets; identify how securities are classified and analyzed
• Explain how depositories function and how trust organizations use them
• Explain what is involved in establishing an account and explore the internal reporting
• Identify basic trust accounting functions; compare various accounting activities to an individual account level; and describe accounting activities on a fund level
• Define the basic internal and external controls instituted by trust organizations
• Describe the accounting functions associated with securities transactions
• Describe cash management; identify cash transactions in trust accounts; and explain how collective fund accounting is accomplished
• Define the terminology associated with record keeping, and identify the various records and files maintained by trust organizations
• Contrast state and national (federal) regulatory jurisdiction; and explain the rating systems used in the examinations of trust organizations

ACE College Credit Recommendation*

In the lower division baccalaureate/associate degree category, 3 semester hours in Finance or Accounting.

*Applicable for Instructor-Led Online course.

Enrollment Form

Download and print an enrollment form from here, complete and fax to 904-354-1834