Course description
Preparing the accounts of a trust or a deceased estate can be one of the more intricate endeavours for private client practitioners. It is vital that you have a working knowledge of the added legislative elements of this type of accounting in order to best serve your client’s interests.
Megan Saksida presents this comprehensive and informative webinar that surveys everything you need to know when accounting for trusts and estates. It covers the basic concepts, revaluing investments, selling assets, dealing with losses and gains, paying capital taxes, recording returns for investments, preparing the distribution statements, the final balance sheet and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Are you struggling preparing the accounts of a trust or a deceased estate?
This new bite-sized webinar will help get you up to speed quickly and effectively.
The webinar will provide you with an understanding of why trustees and personal representatives should keep accounts and will cover the key principles of trust and estate accounting.
You will also be given a practical example showing the double entries and statements involved at every stage.
What You Will Learn
This webinar will cover the following:
- Basic concepts
- Revaluing investments
- Selling assets and dealing with losses and gains
- Paying capital taxes
- Recording returns from investments
- Preparing the distribution statements for those that are entitled to the trust property
- Preparing the final balance sheet (if appropriate)
- Example
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...