LA San Fernando Valley-(evening) - Fiduciary Accounting (G3011109)

REGISTRATION STATUS: Online Registration for this event is closed. Please contact your Program Associate or Customer Services.

This basic course reviews the fundamentals of the fiduciary entity, fiduciary accounting and taxation.

Date:	Tuesday, November 03, 2009
Time:	7:00pm - 9:00pm (Registration at 6:45pm)
Facility:	Airport Center Building, Van Nuys
Area:	San Fernando Valley
CPE Credit:	2.0 Accounting & Auditing 2.0 CPE (Continuing Professional Education)
Instructor:	William H. Downs
NASBA Subject Area:	Taxes
Delivery:	Group Live
Course Level:	Update
Fee:	$5 CalCPA Members, $10 Nonmembers

Objectives:

Understand the basic components to the Form 1041.

Become familiar with the state and federal law that drives a fiduciary entity.

Understand the relationship between the different authorities that impact accounting and tax treatments.

Explore tax law changes that impact the Form 1041.

Prepare a Form 1041 from inception to completion.

Understand how to review a Form 1041 submitted by another practitioner.

Major Topics:

Introduction to the fiduciary entity

Fiduciary accounting

Subchapter J, DNI and the distribution deduction

Simple versus complex trusts

Form 1041 updates

Special problem situations

Designed for:

CPAs, attorneys or professional staff who prepare or review the Form 1041.

Prerequisite:

None

Advanced Preparation:

None

Note:

No refreshments provided

Show up early for a good seat. Limited seating provided