Overview: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.
- Examine provisions of the Uniform Principal and Income Act.
- Mandatory and discretionary allocations and adjustments.
- Trustees ability to override the fallback rules.
- Review the contents of a proper set of trust accounting statements.
Objective:To provide a working knowledge of the financial accounting rules for estates and trusts.
Discuss planning and potential pitfalls.
Designed For:Practitioners and members in industry seeking to gain a better understanding of fiduciary accounting of estates and trusts issues.
Vendor:CPA Crossings, LLC
Member/Nonmember Fees:79 / 113
CPE:Accounting 2 hour(s)
Yellow Book Credit:No
Douglas J Van Der Aa
CPA Crossings, LLC
Cancellation or transfer requests made six(6) business days or more prior to the program, no fee assessed.
Cancellation or transfer requests made two(2) to five(5) business days prior to the program, $25 fee assessed.
Cancellation or transfer requests made one business day prior to the program, $50 fee assessed.
Day of program or no notice of cancellation, 100 percent course fee assessed.
If you transfer from an in-person class course to a webcast, the above policies apply.
Remember, the COCPA reserves the right to cancel a course seven days prior to the program date. Please keep this cancellation policy in mind when making your travel plans and airline reservations. The COCPA will not be liable for flight cancellation penalties due to our cancellation.
To cancel or transfer a course, please contact the Member Services department at 303-773-2877 or 800-523-9082.