of Mutual Fund 17. Dividend payment A mutual fund may pay dividends from its retained earnings or net profits in the accounting periods that the mutual fund have retained earnings or net profit
of Mutual Fund 17. Dividend payment A mutual fund may pay dividends from its retained earnings or net profits in the accounting periods that the mutual fund have retained earnings or net profit
% of the NAV (at the closing of the registrar of unitholders) (2) Provisions for dividend payment (2.1) Where the fund has net profits or retained earnings in the accounting period of dividend payment
% of the NAV (at the closing of the registrar of unitholders) (2) Provisions for dividend payment (2.1) Where the fund has net profits or retained earnings in the accounting period of dividend payment
finance or Continuing development course in accounting knowledge for CFO and Chief Accountant A CFO and a chief accountant are required to complete an orientation course in accounting and
interest income received from any assets of the fund; (3.2) The amount of the dividend payment shall not exceed 30% of retained earnings or net profit in that accounting period, whichever amount is lower
interest income received from any assets of the fund; (3.2) The amount of the dividend payment shall not exceed 30% of retained earnings or net profit in that accounting period, whichever amount is lower
Content Financial reporting and audit oversight Related Web Link The Federation of Accounting Professions (TFAC) The Department of Business Development, Ministry of Commerce The Revenue Department
accounting professional standards to be in line with the international, both the development of accounting standards according to IAS and IFRS prescribed by the International Accounting Standards Board (IASB
Related Rules and Regulations As the country is in focus on development of several infrastructure projects, an Infrastructure Fund (IFF) has been serving as a significant vehicle in driving the country's