Recasting Financial Statements to Maximize Business Value

Production Date: October 13, 2016 Practice Areas: Tax Law and Business, Corporate, & Securities Law Estimated Length: 3819 minutes


$ 59 Tax Law and Business, Corporate, & Securities Law In Stock

Most tax returns are prepared in accordance with the Internal Revenue Code. The goal of these documents is simple; reduce tax liability within the letter of the law. As a consequence, the data presented to the government contains numbers that are formulated to read as low as possible. Obtaining credit or finding a buyer for your business becomes impossible to achieve when you are using documents prepared with the specific purpose of reducing tax liability. This course, led by Dr. Bart Basi, addresses how to utilize recasted statements to present to a bank or buyer more accurate and useful data. The recasted statements are presentable to a bank, but there should be notice that the statements has been recasted.

Learning Objectives:

  1. Identify errors with tax returns
  2. Understand when to have a client’s financials recasted
  3. Recognize the legality and when to use
  4. Become comfortable in recasting
keith d.
Clackamas, OR

Still the best speaker and conveyer of information!!

Angelo L.
San Francisco, CA

One of the best courses I have watched on Lawline.

Robert W.
Buffalo, NY

Great Instructor. In depth knowledge with a simplified delivery. Very helpful.

Desiree R.
Jamaica, NY

Prof, Bart exceeds the highest ratings on the chart.