Trust Examiner School eBook

DFI Trust Company Examiner’s Entry Checklist

30 FUNDS MANAGEMENT A. Company financial statements for the most recent year end and quarter end: 1. Include detailed balance sheet statements for above dates. 2. Provide a breakout of the trust Company’s prepaid assets, other assets, and other liabilities. B. Most recent reconcilement(s) of the Company’s: 1. Demand deposit account(s). C. Workpapers for the most recent quarterly DFI Report of Condition and Income. D. Current summary of insurance policies carried to cover fiduciary activities and any key man or Company owned life insurance policies. E. Listing of Company investments as of the date of examination June 30, 2021 . F. Most recent policy governing funds management practices and the most recent Board and related management reports used to monitor liquidity. 2. Suspense account(s). 3. Investment account(s).