This course explores the balance sheet, the reconciliation of income per books with income per return, the analysis of the accumulated adjustments account, the other adjustments account, undistributed taxable income previously taxed, as well as the net income/loss reconciliation that certain S corporations must file. This intermediate level course is most appropriate for the professional with detailed knowledge in S corporation taxation who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.