Title: Preparing and Reporting on Personal Financial Statements
Date: Thursday, March 21, 2013
Time: 2:00 pm - 4:00 pm (ET)
Register for this event and an email confirmation will be sent to you with your registration link.
Personal financial statements are prepared for individuals either to formally organize and plan their financial affairs in general or for specific purposes, such as obtaining credit, income tax planning, retirement planning, gift and estate planning, or public disclosure of their financial affairs. Learn about the authoritative guidance related to personal financial statements and how to interpret the guidance. Practitioners will benefit from this webinar’s comprehensive guidance on preparing and reporting on personal financial statements.
Who Should Attend
Practicing CPAs interested in preparing and reporting on personal financial statements for clients
· Personal financial statement presentation issues
· Use of estimated current value
· Tax calculation and presentation on personal financial statements
· Compilation of personal financial statements
· Be aware of the source of authoritative guidance for personal financial statements
· Be able to prepare personal financial statements
· Determine the proper disclosures for personal financial statements
· Be aware of the reporting requirements related to personal financial statements
Russ Madray, CPA, CIA, CMA, CFM is president of The Madray Group, which helps businesses, accounting firms, and other organizations understand and implement technical accounting and auditing issues. The Madray Group specializes in providing technical reviews, inspection services, and technical assistance to small and medium size accounting firms throughout the U.S. He is a certified public accountant, a certified internal auditor, a certified management accountant, and a certified financial manager. He is a past member of the AICPA’s Accounting and Review Services Committee and a past member of the Board of Directors of the SC Association of CPAs.
Mr. Madray has more than 25 years of professional experience, including 15 years in public practice. In 1996, he formed The Madray Group to support and facilitate the range of services offered by CPAs to their clients and to assist CPA firms in meeting the changing needs of their profession. Mr. Madray also serves as a senior lecturer at Clemson University’s School of Accountancy and Legal Studies.