Tax Preparers’ Accounting and Reporting Update (TPAU)

Customer Rating
Field of Study
Accounting
Level
Update
Credits
8
Qualifies For
CPE



Price:  $ 79.99

Designed for all tax practitioners, including those who just prepare returns and those who assist on financial statement engagements, this course will replenish your accounting and reporting tank with an update of recent standard-setting activities at the FASB and AICPA. To start, the course will review the significant new financial accounting, auditing, accounting services and ethics guidance issued by standard setters over the past few years. The course will also focus on the unique income tax reporting implications of recently issued accounting standards, such as revenue recognition (ASC 606) and leases (ASC 842). The course then discusses the preparation of tax-basis financial statements.

Lastly, the course will dive into the unique income tax accounting considerations which arise from certain types of transactions, such as stock-based compensation, and review the presentation and disclosure requirements of ASC 740.

Additional information

year

2022, 2023

version

01

Credits

8

Company Code

Self Study

Format

On Demand

Yellow Book Approved

0

CFP Approved

0

IRS Approved

0

CTEC Approved

0

Field of Study Credits

Accounting (6), Auditing (2)

Field of Study Department

Accounting, Auditing

Course Version

2023-01

CPE Approved

1

Pre-requistes:

Experience in financial accounting and reporting

Knowledge Level:

Update

Major Topics:

  • Recently issued Statements on Auditing Standards and other audit-related hot topics
  • Tax basis financial statements
  • Proposed updates to income tax accounting and financial statement disclosures
  • Recent standard setting and consulting activities at the FASB

Learning Objectives:

  • Understand updates to ASC 842 and ASC 326
  • Identify financial statement presentation and disclosure requirements under ASC 740
  • Remember significant standards issued by the AICPA
  • Recognize recently issued Accounting Standards Updates (ASUs)
  • Recall recent legislation with income tax implications

Designed For:

All tax practitioners desiring to remain up to date on recent accounting, reporting, and compilation and review activities

Customer Reviews

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P
Pamela N. (Wilmington, US)
Useful course

This course was very helpful and I have already found myself using what I learned to prepare, sort, and filter tables in Excel.

J
Jennifer S. (Foster, US)

Excel: Audit & Analytical Uses for Filters & Tables (AUMC)

L
Lauren V.D. (Montgomery Village, US)

Excel: Audit & Analytical Uses for Filters & Tables (AUMC)