QAS Self-Study
Overview
CPE Credits
1 Credits: Accounting
Course Description
Many aspects of accounting for a partnership are the same as for a corporation. However, there are some variant features in partnership accounting. This course focuses on the accounting for all types of transactions that are unique to a partnership. Topics covered include the contribution of funds to a partnership, capital accounts, the allocation of profits and losses to partners, the admission of a new partner into a partnership, and the liquidation of a partnership.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify the uses to which a capital account is put.
- Describe the accounting for the various partnership-related transactions.
- Cite the proper treatment of income taxes in a partnership.
- Note the proper accounting treatment when a partner retires.
- Describe the process flow for a partnership liquidation.
Course Specifics
|
Course ID 1163443 |
Revision Date June 13, 2022 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …
Partnership Accounting
$29.00 – $49.00
QAS Self-Study
Overview
CPE Credits
1 Credits: Accounting
Course Description
Many aspects of accounting for a partnership are the same as for a corporation. However, there are some variant features in partnership accounting. This course focuses on the accounting for all types of transactions that are unique to a partnership. Topics covered include the contribution of funds to a partnership, capital accounts, the allocation of profits and losses to partners, the admission of a new partner into a partnership, and the liquidation of a partnership.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify the uses to which a capital account is put.
- Describe the accounting for the various partnership-related transactions.
- Cite the proper treatment of income taxes in a partnership.
- Note the proper accounting treatment when a partner retires.
- Describe the process flow for a partnership liquidation.
Course Specifics
|
Course ID 1163443 |
Revision Date June 13, 2022 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …
Partnership Accounting
$29.00 – $49.00