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 provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by CalCPA (calcpa@calcpa.org). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.