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Financial Accounting for Related Party Transactions

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Online/Webcast

2.00 Credits

Member Price $89.00

Non-Member Price $114.00

Overview

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

  • Speaker - Steven C. Dilley, CPA, JD, PhD
  • Highlights

    The major topics covered in this class include:

    • 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.

    Prerequisites

    Basic working knowledge of transactional financial reporting.

    Designed For

    CPAs working in public accounting firms and members in industry.

    Objectives

    After attending this presentation you will be able to...

    • Apply the financial accounting rules for related parties and how they impact accounting transactions

    Preparation

    None

    Non-Member Price $114.00

    Member Price $89.00