In this episode, Brad and Frank discuss the ins and outs of personal financial statements: methods of presentation, estimated current value, investment in a closely held business, real estate, compilations and more.
*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***
Resources:
- Download Frank’s notes
- FASB ASC 274 – Personal Financial Statements
- AR-C Section 80 – Compilation Engagements
- Accounting and auditing articles and events
- Join the Accounting & Auditing Standards Interest Group
No transcript available.
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