Skip to main content

Proper Financial Accounting for Tax Driven Entities

-

(Check-In )

Add to Calendar

Ashland

8.00 Credits

Member Price $299.00

Price will increase by $35 after 7/22

Non-Member Price $359.00

Price will increase by $35 after 7/22

Overview

Although they are the most common entities for small and mid-sized business, financial (book) accounting for partnerships, LLCs and S Corporations is rarely discussed.  This course examines the proper financial accounting for these tax driven entities.

  • Course Instructor: Douglas Van Der Aa
  • Highlights

    • Partnership capital contributions
    • GAAP partner capital accounts: Bonus vs. Goodwill Method
    • Disclosures
    • S Corporation Contributions to Capital
    • Loans to and from S shareholders
    • Deferred Tax Accounting for S corporations
    • Discuss planning and pitfalls

     

    Prerequisites

    Basic working knowledge of business taxation.

    Designed For

    CPAs in public practice and members in industry seeking a better understanding of financial accounting for partnerships, S corporations and LLCs.

    Objectives

    • Apply financial accounting concepts to partnerships, S corporations and LLCs.
    • Define and discuss planning tools and potential pitfalss.

    Preparation

    None

    Notice

    • This event is paperless unless you elect to pay for printed materials.
    • All materials will be available to download in advance and participants will receive an email two days prior to the course date.
    • Materials will also be posted in the "My CPE" section of the NESCPA website.
    • Parking and lunch are provided on-site

    Non-Member Price $359.00

    Member Price $299.00