John Wiley & Sons Wiley CPAexcel Exam Review 2018 Focus Notes Cover Reinforce key concepts for the Regulation section of the CPA Exam with these easy-to-read and carry .. Product #: 978-1-119-48093-8 Regular price: $42.90 $42.90 In Stock

Wiley CPAexcel Exam Review 2018 Focus Notes

Regulation

Wiley

Cover

1. Edition April 2018
224 Pages, Softcover
Wiley & Sons Ltd

ISBN: 978-1-119-48093-8
John Wiley & Sons

Buy now

Price: 45,90 €

Price incl. VAT, excl. Shipping

Further versions

epubpdf

Reinforce key concepts for the Regulation section of the CPA Exam with these easy-to-read and carry spiral-bound focus notes. Learn acronyms and mnemonic devices to help you remember accounting rules, checklists and more.

Let Wiley CPAexcel Focus Notes help you memorize formulas, concepts, acronyms and more.
* Drill yourself on key steps in performing needed financial calculations or tasks.
* Learn important strategies for taking the exam more quickly and accurately.
* Solve exam questions and reinforce material being studied with a simplified, focused approach.
* Memorize a variety of rules and checklists with our acronyms and mnemonics.

Covering the entire gamut of required subjects and skills, these handy supplements provide critical knowledge in an easy-to-understand and easy-to-remember format.

Preface xi

Professional and Legal Responsibilities 1

Treasury Department Circular 230 1

Liability as a Tax Preparer 3

Regulation of Accountants 4

Accountants' Liability 6

Liability under Common Law 6

Tax Preparer Penalties 9

Liability under Federal Securities Regulations 11

Agency 12

Authority of Agents and Principals 12

Terminating Agent's Authority 13

Liability 14

Contracts 16

Formation of Contracts 16

Discharge of Performance 25

Passage of Title and Risk Loss 28

Types of Remedies and Formulas for Damage 31

Sales 34

Offer, Acceptance, and Enforceability 34

Debtor-Creditor Relationships 37

Suretyship: Introduction, Creation, and Types 37

Rights of Sureties 38

Defenses of Sureties 39

Cosureties 40

Secured Transactions 41

Collateral 41

Security Agreement 42

Attachment and Perfection 43

Priorities Among Claims 45

Default by Debtor 47

Bankruptcy 48

Voluntary Filing--Chapter 7 48

Involuntary Filing--Chapter 7 49

Business Reorganizations--Chapter 11 50

Repayment Plans--Chapter 13 52

Alternatives to Bankruptcy 53

Powers of Bankruptcy Trustee 54

Distribution of Assets 56

Denial of Discharge 60

Federal Securities Regulation 61

Securities Act of 1933 (33 Act) 61

Exempt Transactions and Securities 63

Emerging Growth Companies (EGCs) 66

Securities Exchange Act of 1934 (34 Act) 67

FICA and FUTA 74

Federal Insurance Contributions Act (FICA) 74

Business Structure 77

Selection and Formation of a Business Entity 77

Partnership Characteristics 77

Limited Liability Arrangements 84

Corporations 87

Characteristics of Corporations 87

Promoters 90

Directors and Officers 91

Property Transactions 95

Realized Gain or Loss 95

Taxation of Gains and Losses 97

Related-Taxpayer Transactions 98

Special Transactions 99

Sec. 1245 Depreciation Recapture 101

Individual Taxation 102

Individual Income Tax 102

Gross Income--Other Inclusions 104

Interest 106

Taxation of Income from Business Entities 109

Personal and Dependency Exemptions 130

Filing Status 133

Alternative Minimum Tax (AMT) 135

Personal Tax Credits 139

Accounting Method 143

Depreciation 144

Depreciable Personal Property 146

Section 179 Expense Election 148

Estate and Gift Tax 149

Tax Due 155

Property Received by Inheritance or Gift 157

Taxation of Estates and Trusts 159

Estates 159

Trusts 160

Computing Taxable Income of Trusts and Estates 163

Corporate Taxation 166

Corporate Income Tax 166

Section 351 Transfer to Controlled Corporation 166

Computing Corporate Income Tax 168

Supplemental Tax Schedules 174

Affiliated Corporation Transactions 180

Non-liquidating Distributions to Shareholders 181

Corporate Complete Liquidation 183

Corporate Reorganizations 184

Section 1244 Stock 185

S Corporations 186

S Corporation--A Pass-Through Entity 186

Foreign Tax Credit 194

Partnership Taxation 195

Formation of Partnerships 195

Taxation of Partnerships 198

Distributions 200

Sale of Partnership Interest 202

Index 204