WR004523: Financial & Tax Accounting for S-Corporations
This course reviews the Accounting Standards Codification and OCBOA/Special Purpose Frameworks and their relationship to financial accounting for S-corporations and the AICPA "small" GAAP rules * 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 * Financial vs. tax accounting for loans to and from S-corporations and their shareholders * Financial accounting vs. tax accounting for S-corporation investments in other entities * Financial and tax accounting for PPP loan forgiveness.

Event Level: Intermediate
Required Knowledge: Basic working knowledge of financial accounting
Advanced Preparation: None
Who Should Attend: CPAs working with S-corporations and members in business and industry seeking to keep their knowledge current
Vendor: Federal Tax Workshop
Speaker: Steve Dilley

Objectives
  • * Identify key financial accounting aspects of S-corporations and the common differences between financial accounting and tax accounting for S-corporations
Event Information
Date Presented:
June 07, 2023 8:30 AM Eastern
Length:
3 hours, 36 minutes
Member Price:
$145.00
Non-Member:
$195.00
Financial & Tax Accounting for S Corporations
Break - 15 mins
Financial & Tax Accounting for S Corporations - Part 2
Individual topic purchase: Selected
North Carolina Association of Certified Public Accountants
Accounting: 4.00