This course explores the FASB codification provisions and AICPA financial reporting framework for transaction with related parties, including business owners and special purpose entities. Real-life examples are used to illustrate the various authoritative standards and discuss the consequences of failing to comply.
Apply the financial accounting rules for related parties and how they impact accounting transactions.
* FASB codification provisions for transactions with related parties, including business owners and special purpose entities. * Compare and contrast those rules with the AICPA financial reporting framework for small and medium-sized entities * Review the tax accounting related taxpayer standards * Real-life examples applying the various authoritative standards * Consequences of failing to comply with the standards.
Who Should Attend
CPAs working in public accounting firms and members in industry.
Basic working knowledge of transactional financial reporting.
Additional Event Information
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.
If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .
*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.
Test Your System
You may test your system by clicking here. Please test your system to ensure you have the proper components installed.
Share This Event
For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.