Estates and trusts have accounting issues that are often outside the realm of GAAP. For instance, the fair division of income may be more important to the stakeholders in an estate distribution than accrual basis financial statements.;Please explain some of the issues that the accountant must deal with in this area. How are some of the issues of estates and trust similar in nature? Different?
Paper#20735 | Written in 18-Jul-2015Price : $22