Webinar

Financial and Tax Accounting for S Corporations

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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 AICPA "small" GAAP accounting standards.

This course does not qualify for IRS credit.

Major subjects

• Review of the 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 the S corporation shareholder equity account
• Financial vs. tax accounting for loans to and from S corporations and their shareholders

Learning objectives

• Apply key financial accounting aspects of S corporations
• Explore the common differences between financial accounting and tax accounting for S corporations

Who should take this program?

• CPAs working with S corporations and members in business and industry seeking to keep their knowledge current

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $129.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

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