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Live Webcast Replay

Financial & Tax Accounting for Partnerships & LLCs


Total Credits: 4 including 4 Accounting - Technical

Average Rating:
   2
Categories:
ACPEN Tax Institute |  Accounting and Auditing
Speaker:
Steven C. Dilley, CPA, JD, PhD
Course Levels:
Intermediate
Duration:
4 Hours
License:

Dates


Description

This program compares and contrasts the financial accounting for partnerships/LLCs and the tax accounting for these entities.

Basic Course Information

Learning Objective
  • Apply financial accounting concepts in the partnership setting with special emphasis on accounting for capital accounts

Major Subjects
  • Review of the Accounting Standards Codification and its application to partnerships and LLCs
  • Review of the OCBOA and its application to partnerships and LLCs
  • Financial accounting issues in the formation of partnerships and LLCs
  • Financial vs. tax accounting for partnership/LLC capital accounts
  • Sec. 704(b) substantial economic effect rules and their relation to financial accounting Integration of financial accounting for partnerships/LLCs with the Form 1065

Course Materials

Speaker

Steven C. Dilley, CPA, JD, PhD's Profile

Steven C. Dilley, CPA, JD, PhD Related Seminars and Products


Steven C. Dilley, CPA, JD, PhD is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.


Additional Info

Basic Course Information

Prerequisites

Basic working knowledge of financial accounting.


Advanced Preparation

None


Designed For Those working with partnerships and LLCs and members in business and industry seeking to keep their knowledge current.
Original Recording Date

04/01/2020


Yellow Book

No


Course Developer

Federal Tax Workshop


Date Added to Catalog

04/21/2020


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Live Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.


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Overall:      5

Total Reviews: 2