Course Topics:
Permanent Issues
- Fines and Penalties
- Meals and Entertainment
- Goodwill (prior to 8/10/1993: post 8/10/1993)
- Officers' Life Insurance
- Tax-Exempt Interest
- Auto Inclusion
- Federal Income Tax
Temporary Issues
- Accrued Vacation/Bonus
- State Income and Franchise Taxes
- Accrued Professional Fees
- Depreciation Expense
- Amortization Expense
- Allowance for Bad Debts
- Prepaid Expenses
- Reserves
- UNICAP—§263A (Inventory)
- §481 Adjustment
- Unearned Rent Revenue
- Installment Sales
- Gain/Loss on Sale of Fixed Assets
Estimated Time: 1 hour and 45 minutes
- Teacher: Miguel Serrano