Virtual
Fiduciary Accounting Part 2: Tools, Rules and Relationship to Tax 2023
Date: Nov. 20, 2023
Time: 10 – 11:50 a.m. PT
Member
$89.00
Nonmember
$119.00
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Overview
To properly account for estates and non-grantor trusts an advisor must understand the statutory requirements to account, the proper classification of revenue and expenses in a chart of account and the importance of provisions in the estate planning document. Additionally the differences and similarities to fiduciary taxation must be understood.
Product Code
1000002070-119298
Credit Type
CPE: 2CPE-AA: 2CPE-Technical: 2MCLE LS-EP: 1.5Accessibility
Closed Captioning Available
Intended Audience
CPAs and financial professionals.
NASBA Field of Study
Accounting
Level of Difficulty
Intermediate
Prerequisites
Fiduciary Accounting - Part 1: Fiduciary Duty Basics & Authority - UPIA (UFIPA) 2023
Advance Preparation
None
Learning Objectives
Major Subjects
- Setting up a Chart of Accounts
- Reviewing the Estate Plan
- Distinguishing between "Income" and "Principal"
- Understanding the Relationship of Fiduciary Accounting to Fiduciary Taxation
Faculty
Additional Details
This course was recorded on 6/15/2023. The instructor will be available via the chat feature to answer questions during the presentation.