What you will learn
- Apply a working knowledge of the financial accounting rules for estates and trusts
- Identify planning and potential pitfalls
Description
Financial accounting for trusts and estates is one of the least understood branches of accounting. It is not particularly concerned with recording income and expenses but is obsessed with determining whether receipts and expenditures are assigned to income or principal/corpus. This course will dive into this tricky area and provide a reporting guide for fiduciary accounting.
Prerequisites:
Basic working knowledge of accounting for estates and trusts
Advanced Preparation:
None
- 10 Principles of Tax Accounting for Trust Income
- Entity accounting income and Form 1041
- Uniform Principal and Income Act
- Discretionary Power to Adjust
- Allocations between principal and income
- Trust accounting issues
Practitioners and members in industry seeking to gain a better understanding of fiduciary accounting of estate and trusts issues
- Douglas J. Van Der Aa
MICPA delivers the highest quality education experience.
If you are not satisfied with your course, call us at
1.855.594.4273. We will make it right.
Online-Live
Members SAVE $30
$129.00
Member
Member
$159.00
Non-Member
Non-Member
Speakers:
Douglas J. Van Der Aa
Time:
11:00 am - 3:00 pm
Total Credits:
4.0
Earn Up To:
4.0 AA
credits
Level:
Intermediate
Vendor:
ACPEN
MICPA delivers the highest quality education experience.
If you are not satisfied with your course, call us at
1.855.594.4273. We will make it right.