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Tuesday, March 9, 2021 Live Webcast

Financial and Tax Accounting for S Corporations (X2-15733)

1:00 PM - 5:00 PM EST
webcast

Vendor Platform

4.0 CPE Credits in AA

OVERVIEW

This program addresses the many complex financial and tax accounting issues that are common in S corporation transactions, with discussion of common pitfalls and the new AICPA "small" GAAP accounting standards. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

DESIGNED FOR

CPAs in public accounting and members in industry dealing with financial accounting issues of S corporations.

BENEFITS

Provide an understanding of the financial accounting aspects of S corporations

Explore the common differences between financial accounting and tax accounting for S corporations.

HIGHLIGHTS

  • Review of the Accounting Standards Codification and its relationship to financial accounting for S corporations.
  • Review of OCBOA and its relationship to financial accounting for S corporations.
  • Review of the new AICPA "small" GAAP rules.
  • The impact of the entity's tax status history on its financial accounting.
  • Deferred tax accounting for S corporations.
  • Required S status financial accounting disclosures.
  • Financial accounting impact of the C to S election and the S to C election.
  • The relationship of financial accounting and the Form 1120S.
  • Financial and tax accounting for S corporation shareholder equity account.
  • Financial vs. tax accounting for loans to and from S corporations and their shareholders.
  • Financial accounting vs. tax accounting for S corporation investments in other entities.


COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Steven Dilley

Steven C. Dilley, CPA, J.D., Ph.D.

PRICING

$129.00 - Member

$139.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

CPA Crossings