Financial Accounting for Related Party Transactions

Description

This program presents a detailed analysis of the FASB and AICPA rules for transactions with related parties.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

• FASB codification provisions for transactions with related parties, including business owners and special purpose entities.
• Compares and contrasts those rules with the AICPA financial reporting framework for small and medium-sized entities.
• Reviews the tax accounting related taxpayers standards,
• Several real-life situations illustrate the various authoritative standards and discuss the consequences of failing to comply with those standards.
  

Objectives

To provide a working knowledge of the financial accounting rules for related parties and how they impact accounting transactions.

Designed For

CPAs working in public accounting firms and members in industry.