Financial Accounting for Related Party Transactions
February 24, 2026
Vendor Webinar
2 CPE Credits
Financial Accounting for Related Party Transactions
Loans, rental agreements, business combinations
what do these all have in common? They all have the potential of creating a related party transaction. This program presents a detailed analysis of the financial accounting rules for transactions with related parties, as well as compares and contrasts those rules with the AICPA financial reporting framework for small and medium-sized entities.
This course does not qualify for IRS credit.
Learning Objectives
Identify the financial accounting rules for related parties and how they impact accounting transactions
Compare financial accounting rules of related parties to those of the AICPA financial reporting framework
Major Topics
FASB codification provisions for transactions with related parties, including business owners and special purpose entities
Compares and contrasts those rules with the AICPA financial reporting framework for small and medium-sized entities
Reviews the tax accounting related taxpayer standards
Several real-life situations illustrate the various authoritative standards and discuss the consequences of failing to comply with those standards
CPE Credits Available
2 CPE Credits
2
Accounting&Auditing
Things to Know About This Course
Course Level
Intermediate
Prerequisites
Basic working knowledge of financial accounting framework
Advanced Preparation
None
Intended Audience
CPAs working in public accounting firms and members in industry
