Working Paper Documentation - Tax Staff Essentials
Available Anytime
Location:
Online
1Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$70.00 Regular Price
Product Code: AI23-TSE.WPD
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Taxes
Overview:
Save when you buy the complete Tax Staff Essentials, Level 1 online bundle..
Get your working papers in order
Learn how to appropriately prepare, organize, and understand working papers.
Understand how working papers support the creation of a tax return, and that the documentation affects the preparer and is required by the IRS to complete a proper audit of the return.
Be prepared to develop working papers and organize your product.
This course provides CPE credit in the Taxation field of study.
Objectives:
Learning Outcomes
- Recall how to organize working papers correctly.
- Identify which working papers are appropriate for specific tax situations.
- Recognize how to document tax return information.
- Recognize the differences between the cash and accrual methods in financial statements.
- Identify the types of businesses that can use the cash method of accounting for tax purposes.
- Identify which working paper documents should be turned over to the IRS, if requested.
Major Topics:
Key Topics
- Source of data for tax adjustments from books
- Authority documentation
- Case studies - good and bad working papers
Designed For:
Who Will Benefit
- CPAs, particularly new tax staff