Webinar: Accounting for the Gig Economy
WC730 | Course | Intermediate | Scheduled
Description
Freelance work and other non-permanent employment arrangements are becoming increasingly popular ways for people to earn a living. Although these non-traditional activities offer novel, flexible ways to earn income from diverse sources, they also introduce nuanced recordkeeping, reporting, and attestation issues. We investigate characteristics of the gig economy, employee-versus-contractor considerations, bookkeeping, regulatory compliance, and external reporting considerations. We also explore best practices for CPAs who fulfill the role of trusted advisor for gig economy clients.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Accounting |
Designed For
CPAs in public practice and members in industry.
Prerequisites
Basic working knowledge of accounting and financial reporting.
Highlights
The major topics that will be covered in this course include:
- Characteristics unique to the gig economy
- Independent contractor and employee classification considerations
- Recordkeeping considerations for independent contractors
- Accounting and reporting issues for gig economy participants
- Audit and attestation for clients who participate in the gig economy
- Tax and regulatory considerations
- The CPA as a trusted advisor for independent contractors
Objectives
After attending this presentation, you will be able to...
- Identify characteristics of the gig economy and its participants
- Distinguish unique circumstances encountered by gig economy participants
- Analyze implications of independent contractor considerations
- Identify recordkeeping, reporting and attestation issues for independent contractors
- Recognize unique regulatory compliance and external reporting considerations
- Identify best practices for CPAs who serve independent contractor clientele
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00