From the Actor
In this course you will learn, not only how to prepare the summary of account and all supporting schedules, but also how to prepare a complete report, to go along with the summary and supporting schedules. You will know how to prepare a complete package, ready for Court filing and for presentation to the beneficiaries of a trust or estate. This course is essential for well-rounded knowledge for CPAs, because, in recent years, the use of trusts in estate planning has become widespread. Also, CPAs are being called upon, more and more, to prepare estate accountings in Probate Court
Product Description
The definitive Fiduciary Accounting Seminar by one of the most renowned experts in the United States. Designed for CPAs, attorneys, trust officers, estate administrators, attorneys who serve as trustees, executors, administrators, conservators and guardians.
More than 150 DVD Chapter markers you can instantly access with your remote control. Complete Table of Contents. 15 Menu screens.
Hundreds of charts of accounts and visual summaries as VIDEO OVERLAYS throughout the program. No need to read the book while watching the DVD video. Includes a 200 page eBook with many sample accounts and complete reports.
Total Running Time: 255 Minutes (one DVD Disc)
MAJOR TOPICS: The UNIFORM PRINCIPAL AND INCOME ACT, as adopted by most states. Trust and estate accounting vs. GAAP Trust and estate accounting vs. tax accounting Accountants responsibilities with respect to preparing accountings for trusts and estates Where to start Accounting entries Duties of trustees, executors and their accountants Depreciation and depletion in trust and estate accounting Treatment of environmental expenses Options Derivatives Out-of-court accountings
EXTENSIVE SAMPLES OF ACCOUNTING METHODS MANY HANDY CHECKLISTS SAMPLE ACCOUNTS FOR ESTATES AND TRUSTS WITH BACKUP SCHEDULES PREPARE FOR PROBATE