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PPC's Guide to Accounting and Reporting for Estates and Trusts

PPC's Guide to Accounting and Reporting for Estates and Trusts

Product Information

  • Frequency of Updates:

    Updated annually
  • Brand:
    Practitioners Publishing

Format

Price

Quantity

Book
Product Code:
AETP
$415.00

Contact Your Account Manager to learn more about our Checkpoint online solutions

Practitioners now have an increasing opportunity to provide services relating to estates and trusts. While some practitioners will actually serve in the role of fiduciary, most will be involved with providing accounting and tax services. PPC’s Guide to Accounting and Reporting for Estates and Trusts covers the accounting, reporting, and fiduciary considerations accountants need to know to be prepared to offer estate and trust services. It provides accounting entries, analysis of reporting issues and example reports, practice aids, example trust and estate accountings, and financial presentations.

Contact Your Account Manager to learn more about our Checkpoint online solutions

This Guide provides critical information and current insights affecting estates and trusts accounting practices, including:

  • Helpful discussion on what is an estate or trust and how it is created and terminated
  • Critical guidance to easily determine which authority applies - governing documents, statutes, courts, etc. - when accounting for estates and trusts
  • Step-by-step guidance on the financial information that should be presented to make a fiduciary accounting to the courts or other interested parties
  • Practical examples of how to account for the activity occurring in an estate or trust and how to determine the appropriate basis of accounting
  • Analysis of the Uniform Principal and Income Acts and their relevance to the will, trust agreement, and fiduciary accounting
  • Extensive discussions on when a report is required, reporting options, and issues relating to serving as a fiduciary

  • Accounting and Reporting for Estates and Trusts
    • INTRODUCTORY MATERIAL
    • Chapter 1 Estates and Trusts—An Introduction
    • Chapter 2 Fiduciary Accounting and the Allocation of Principal and Income
    • Chapter 3 Accounting for Estates and Trusts
    • Chapter 4 Financial Presentation and Disclosure
    • Chapter 5 Reporting
    • Chapter 6 ACCOUNTANTS ACTING AS FIDUCIARIES
    • GLOSSARY OF COMMONLY USED FIDUCIARY TERMS
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --I--
      • --K--
      • --L--
      • --M--
      • --O--
      • --P--
      • --R--
      • --S--
      • --T--
      • --U--
  • Guide to Accounting and Reporting for Estates and Trusts Sample View
  • Guide to Accounting and Reporting for Estates and Trusts: List of Substantive Changes View

DESCRIPTION

Contact Your Account Manager to learn more about our Checkpoint online solutions

Practitioners now have an increasing opportunity to provide services relating to estates and trusts. While some practitioners will actually serve in the role of fiduciary, most will be involved with providing accounting and tax services. PPC’s Guide to Accounting and Reporting for Estates and Trusts covers the accounting, reporting, and fiduciary considerations accountants need to know to be prepared to offer estate and trust services. It provides accounting entries, analysis of reporting issues and example reports, practice aids, example trust and estate accountings, and financial presentations.

Contact Your Account Manager to learn more about our Checkpoint online solutions

This Guide provides critical information and current insights affecting estates and trusts accounting practices, including:

  • Helpful discussion on what is an estate or trust and how it is created and terminated
  • Critical guidance to easily determine which authority applies - governing documents, statutes, courts, etc. - when accounting for estates and trusts
  • Step-by-step guidance on the financial information that should be presented to make a fiduciary accounting to the courts or other interested parties
  • Practical examples of how to account for the activity occurring in an estate or trust and how to determine the appropriate basis of accounting
  • Analysis of the Uniform Principal and Income Acts and their relevance to the will, trust agreement, and fiduciary accounting
  • Extensive discussions on when a report is required, reporting options, and issues relating to serving as a fiduciary

TABLE OF CONTENT

  • Accounting and Reporting for Estates and Trusts
    • INTRODUCTORY MATERIAL
    • Chapter 1 Estates and Trusts—An Introduction
    • Chapter 2 Fiduciary Accounting and the Allocation of Principal and Income
    • Chapter 3 Accounting for Estates and Trusts
    • Chapter 4 Financial Presentation and Disclosure
    • Chapter 5 Reporting
    • Chapter 6 ACCOUNTANTS ACTING AS FIDUCIARIES
    • GLOSSARY OF COMMONLY USED FIDUCIARY TERMS
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --I--
      • --K--
      • --L--
      • --M--
      • --O--
      • --P--
      • --R--
      • --S--
      • --T--
      • --U--

RELATED RESOURCES

  • Guide to Accounting and Reporting for Estates and Trusts: List of Substantive Changes View
  • Guide to Accounting and Reporting for Estates and Trusts Sample View