Course Detail
Units:
3.0
Course Components:
Lecture
Enrollment Information
Enrollment Requirement:
Prerequisites: ACCTG 5310 AND (Graduate Standing OR Masters status in the School of Business).
Description
An in-depth study of partnerships and LLCs with emphasis on the formation, operation, distributions, and liquidations of such entities. The professor's approach is one of practical application rather than simply theory. Topics covered in this course provide a solid foundation for certain portions of the CPA examination (tax portion of “Core” and the “Tax Compliance and Planning (TCP)” discipline) in dealing with partnership/LLC tax questions.