Proper Financial Accounting for S Corporations
Overview
Proper financial accounting for S corporations involves adhering to specific accounting principles and tax regulations designed for this unique business structure. This course examines the proper financial accounting for S Corporations.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Intermediate
Highlights
- Deferred tax accounting for S Corporations
- S elections and terminations – dealing with deferred taxes
- Financial accounting for capital stock and retained earnings
- S corporation shareholders’ equity
- Tax vs financial accounting for Accumulated Adjustments Account
- Financial accounting for loans to and from S shareholders
Prerequisites
Basic working knowledge of business taxation
Designed For
CPAs in public practice and members in industry seeking a better understanding of financial accounting for S Corporations
Objectives
- Apply financial accounting concepts to S corporations
- Identify planning strategies and potential pitfalls
Preparation
None
Leader(s):
Leader Bios
Doug Van Der Aa, Federal Tax Workshops
Douglas J. Van Der Aa, CPA, JD, has been a highly rated speaker and seminar leader for CPA Associations and other organizations throughout the country for more than 18 years. Doug has over 25 years of professional experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. He taught for 12 years as an Adjunct Instructor and for one year as Assistant Professor of Accounting and Taxation for Grand Valley State University's Seidman College of Business, where he taught in both the undergraduate and MST programs.
Non-Member Price $159.00
Member Price $129.00