Tax Basis Financial Statements 25-26

Overview

As the complexity of GAAP drives preparers of financial statements to seek GAAP alternatives, many are finding tax-basis financial statements can meet their needs. This 2-hour program covers many of the matters to be considered when choosing the tax-basis for financial statement presentation.

Highlights

• Tax basis financial statements presentation and disclosure
• Reporting on tax-basis financial statements

Prerequisites

None.

Designed For

This course is for accountants working with, or considering working with, tax-basis financial statement presentations.

Objectives

• Recognize presentation and disclosure issues when preparing tax-basis financial statements
• Identify pros and cons of tax basis financial statements

Preparation

None.

Notice

This course is offered by a 3rd party vendor. Login instructions will not be accessible in the My CPE Tracker section of the ISCPA website. Login instructions will be emailed directly to you by California Education Foundation (CalCPA).