Webinar

Financial and Tax Accounting for S Corporations

If you have questions about this event, please call us at 952-831-2707.

---

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 $149.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.