Course

Webcast: Tax Accounting Methods

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Event Details

Wednesday, November 16, 2011

8:00am – 4:00pm
(Registration: 8:00am)

Field of Study

Accounting

CPE Credit

8 hours CPE credit

Course Code

AC111611-AC111611

Level of Knowledge

Intermediate

Vendor

Business Professionals Network Inc

Prerequisites

None

Description

You will receive an email 3 days before the class with information about downloading the course material and testing your internet connection.

The choice of accounting methods and a broad range of choices made by business accounting professionals can make a tremendous, sometimes critical difference in the fortunes of companies. This new ACPEN course will focus, in a very practical way, on these decisions and choices and explain the ramifications to the company.

Highlights

Legislative developments, if any
Cash vs. Accrual Method
When is the Cash Method prohibited? Exceptions…?
Installment Method
Dispositions of Installment Obligations
Inventory Methods
Current LIFO Issues
Completed Contract Method Accounting
UNICAP sec. 263A
Tax Costs of Conversion from one Method to Another
                      -Requesting Permission to do so. 
704(b) versus Tax Basis Accounting for Partnerships

Designed For

Public and Industry Accountants and Tax Practitioners

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