Sometimes the vernacular of accounting seems more challenging than technical aspects. This session offers suggestions for translating the foreign language of taxation into tangible terms for non-accountants. We explore techniques for simplifying the complexity of taxation terminology. This course will equip you with tools for demystifying tax technicalities so you can help clients and other non-tax professionals grasp fundamental concepts. 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...
- Recognize differences between financial and managerial accounting.
- Revisit fundamental managerial accounting concepts.
- Utilize managerial accounting to facilitate decision-making.
- Apply managerial accounting techniques to actual business circumstances.
Major Topics
The major topics that will be covered in this course include:
- Salient provisions the AICPA Code of Professional Conduct
- Examination of actual frauds
- Discussion of internal controls that could have prevented or mitigated actual frauds
- Contemplation of epiphanies for your own professional scenarios.
- Implications for professional conduct and compliance with professional standards