Financial and Tax Accounting for Business Entities (C46392)


Cancellation Policy

Please note that this webinar is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

08/17/2020

Registration Open:

12:00 AM - 8:00 AM

Time:

8:00 AM - 4:00 PM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

8.00

Field(s) Of Study:

Accounting (8.00)

Level of Knowledge:

Intermediate

Price:

Member: $229.00
Nonmember: $249.00

Individual Discounts:

Not Available

Overview

  • Explore common differences between financial accounting and tax accounting for partnerships, S corporations, and LLCs.
  • Provide an understanding of partnership capital accounts.
  • Provide an understanding of the financial accounting aspects of S corporations.


Highlights

  • Review of the Accounting Standards Codification and its application to partnerships, LLCs and S corporations.
  • Review of OCBOA and its application of difference business entities.
  • Review of the AICPA financial reporting framework for small and medium-sized entities. 
  • The integration of financial accounting with the Form 1065 and Form 1120S.
  • Review of Section 704(b) substantial economic effect rules and their relation to financial accounting.
  • Deferred tax accounting for partnerships, LLCs and S corporations.
  • Financial accounting for the operations of a partnership/LLC.
  • Review of the new AICPA "small" GAAP rules.
  • Required S status financial accounting disclosures.
  • Financial accounting impact of the C to S election and the S to C election.
  • Financial vs. tax accounting for loans to and from S corporations and their shareholders and S corporation investments in other entities.


Speaker(s)

Prerequisites

None