Charitable Giving Strategies

Overview

The challenge: Create workpapers that reflect a high level of clarity, competence and compliance with standards–and company policy–while at the same time showcasing individuality and excellence. This course is a good refresher for seasoned professionals to ensure documentation in compliance with best practices and maintain skills, as well as providing the basics to help new and emerging CPAs prepare, document and maximize the potential of each workpaper. You’ll leave this course armed with the skills to create workpapers that answer more questions than they raise. While this is primarily audit and industry accountant focused, all accountants can benefit from an immersion in topics that range from the core necessity of workpapers to more complex legalities and regulatory requirements.

Highlights

• Gifts of cash and property
• Percentage limitations and substantiation requirements
• Gifts of partial interests in property and transfers in trust
• Community foundations, donor advised funds, and private foundations

Prerequisites

None.

Objectives

• Determine the numerous ways to give and the variety of charities
• Recognize the giving requirements and the percentage limitations on cash and property gifts
• Identify the best technique to use based on the clients' giving objectives

Preparation

None.

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.