transcript   Transcript

Tax Accounting vs. Financial Accounting

Recorded on: Jul. 27, 2018
Running Time: 01:01:35

Full Transcript:

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Taken from the Web Program Basics of Accounting for Lawyers 2018 Recorded July 2018 in San Francisco

Tax Accounting vs. Financial Accounting [01:01:35]
  • Revenue and expense recognition differences (SF and CHI)
  • Balance sheet differences (SF and CHI)
  • Overview of different business tax returns (SF and CHI)
  • Reconciliation (ex. K-1) (SF and CHI)
  • Searching for information on book or tax financials and interpreting tax information found in notes to the financial statements (NYC)
  • Implications of new accounting standards (NYC)
  • Implications of US tax reform (NYC)

Speaker: Peter K. Buss, Brett Kumm

The purchase price of this Web Program segment includes the following article from the Course Handbook available online:

  • BPM Technical Update Memorandum Q1-2017 (April 6, 2017)
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  • BPM Technical Update Memorandum Q2-2017 (June 30, 2017)
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  • BPM Technical Update Memorandum Q3-2017 (September 29, 2017)
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  • BPM Technical Update Memorandum Q4-2017 (January 15, 2018)
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Presentation Material
  • The Reporting of Income Taxes in Financial Statements
    Peter K. Buss, Brett Kumm
  • (s)
    Peter K. Buss ~ Kieckhafer, Buss, Fletcher CPAs
    Brett Kumm ~ Senior Managing Director, FTI Consulting, Inc.
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