Proper Financial Accounting for S Corporations (4 hours)

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.

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

Notice

“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!