Webinar

Financial and Tax Accounting for S Corporations

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

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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 new AICPA "small" GAAP accounting standards.

Major subjects

• Review of the Accounting Standards Codification and its relationship to financial accounting for S corporations
• Review of OCBOA/Special Purpose Frameworks and their relationship to financial accounting for S corporations
• 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 S corporation shareholder equity account

Learning objectives

• Identify 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 in public accounting and members in industry dealing with financial accounting issues of S corporations

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.