Financial Accounting for Related Party Transactions Webinar

To provide a working knowledge of the financial accounting rules for related parties and how they impact accounting transactions.
Highlights

• FASB codification provisions for transactions with related parties, including business owners and special purpose entities.
• Compares and contrasts those rules with the AICPA financial reporting framework for small and medium-sized entities.
• Reviews the tax accounting related taxpayers standards,
• Several real-life situations illustrate the various authoritative standards and discuss the consequences of failing to comply with those standards.