Freelance work and other non-permanent employment arrangements are becoming increasingly popular ways for people to earn a living. Although these non-traditional activities offer novel, flexible ways to earn income from diverse sources, they also introduce nuanced recordkeeping, reporting, and attestation issues. We investigate characteristics of the gig economy, employee-versus-contractor considerations, bookkeeping, regulatory compliance, and external reporting considerations. We also explore best practices for CPAs who fulfill the role of trusted advisor for gig economy clients. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation you will be able to...
- Identify what types of benefits employees find valuable
- Recall the basic types of retirement plans and how they differ
- Distinguish between the basic health insurance plan types
- Recognize how life insurance may be incorporated into an employee benefits package
Major Topics
The major topics that will be covered in this course include:
- Advantages of budgeting
- The role of budgeting
- Master budgeting
- Flexible budgeting
- Standards and variances
- Capital budgeting
