Webinar: Financial Accounting for Related Party Transactions
WB926 | Course | Intermediate | Scheduled
Description
Loans, rental agreements, business combinations - what do these all have in common? They all have the potential of creating a related party transaction. This program presents a detailed analysis of the financial accounting rules for transactions with related parties, as well as compares and contrasts those rules with the AICPA financial reporting framework for small and medium-sized entities.
This course does not qualify for IRS credit.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Accounting |
Designed For
CPAs working in public accounting firms and members in industry
Prerequisites
Basic working knowledge of financial accounting framework
Highlights
- FASB codification provisions for transactions with related parties, including business owners and special purpose entities
- Compares and contrasts those rules with the AICPA financial reporting framework for small and medium-sized entities
- Reviews the tax accounting related taxpayer standards
- Several real-life situations illustrate the various authoritative standards and discuss the consequences of failing to comply with those standards
Objectives
- Identify the financial accounting rules for related parties and how they impact accounting transactions
- Compare financial accounting rules of related parties to those of the AICPA financial reporting framework
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $79.00
- Non-Member (Early Bird)
- $109.00
- Member
- $79.00
- Non-Member
- $109.00