Accounting for LLPs
Available on these dates:
You can book this course by using the booking form above. The booking will be confirmed by e-mail.
Course contents
accounting for LLPs
More and more practices now have clients that are Limited Liability Partnerships (LLPs). This course looks at the accounting treatment of LLPs.
- The course contents are drawn from: The legal background to LLPs
- Definition of terms
- Accounting conversion to an LLP
- The role of the designated member
- Accounting treatment of LLPs
- Financial disclosures
- LLP SORP
- Sample accounts and layout
- Allocation and treatment of profits or losses
- Corporate partners
- Legal duties of members
- Problem areas
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This course does not cover the taxation of LLPs.