Live Webinar or Recording
May 6, 2024, 2:00 pm - 3:40 pm Eastern
Credit: CPE: 2, ATATX: 1.5 (Live Only)
An asset exchange is a transaction that involves, in whole or in part, consideration paid for assets other than in the form of cash. Asset exchanges may or may not be tax free and have multiple implications for revenue, depreciation, and the characterization of gain or loss.
This course will explore these areas and the discussion will include:
- GAAP requirements for exchanges of assets
- Changes in like-kind exchanges brought about by TCJA
- The requirements of like-kind exchanges
- The treatment of boot
- Multi-party and deferred exchanges
- The transfer of substantially all assets
- The use of qualified intermediaries
Guest Speaker: Chuck Borek - The Borek Group, LLC
Level: Basic
Format: Live Webcast
Field of Study: General
Program Prerequisites: None
Advanced Preparation: None
Aurora Training Advantage is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
For more information regarding administrative policies such as complaint and refund, and cancellation please contact our offices at 407-542-4317 or training@auroratrainingadvantage.com.
Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in accounting.
