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Wednesday, June 18, 2025 Live Webcast

Proper Financial Accounting for Partnerships and LLCs (X4-7251001)

1:00 PM - 5:00 PM EDT
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

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

DESIGNED FOR

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

BENEFITS

  • Apply financial accounting concepts to partnerships and LLCs
  • Identify planning strategies and potential pitfalls.

HIGHLIGHTS

  • Importance of Partnership capital accounts
  • Book vs tax capital accounts
  • Partnership capital contributions
  • Section 704(b) capital rules and OCBOA
  • GAAP balance sheet impact of capital contributions
  • Bonus and Goodwill methods
  • Ceiling Rule and Remedial allocations
  • GAAP partner capital accounts

COURSE LEVEL

Intermediate

PREREQUISITES

Basic working knowledge of business taxation

ADVANCE PREPARATION

None

INSTRUCTOR

Douglas Van Der Aa

Douglas J. Van Der Aa, CPA, J.D.

Read bio

PRICING

$129.00 - Member

$159.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

ACPEN

AREAS OF INTEREST