Fiduciary accounting for trusts and estates is one of the least understood branches of accounting. Fiduciary accounting is not particularly concerned with recording income and expenses, but is obsessed with determining when 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.
This event may be a rebroadcast of a live event, with the instructor available to answer your questions either during or after the event.
To provide a working knowledge of the financial accounting rules for estates and trusts.Discuss planning and potential pitfalls.