True Sale Opinions - What You and Your Auditor Need to ConsiderCode: 23-TRUSALE

Price: $14.95
Add to Cart

Course Details

22 pages

Course description and objectives:

A true sale opinion is an attorney’s conclusion that transferred financial assets have been sold and are beyond the reach of a transferor’s creditors and that a court would conclude that the assets would not be included in the transferor’s bankruptcy estate.  There are many considerations related to these types of opinions, perhaps most importantly is how they are evaluated and whether they can be relied on as evidence.  In this course, we explore many of the burning questions as it relates to true sale opinions.  

Course Objectives:

After reading the materials, participants will be able to:

  • Recognize when a true sale opinion is generally required to be obtained
  • Identify considerations regarding whether internal legal counsel can issue a true sale opinion
  • List specific language that should not be included in a true sale opinion
  • Recognize characteristics of a nonconsolidation opinion

 

Presentation Method:    Self-Study

 

Category:  Accounting

CPE credit:  1 Hours

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase

Processing...
$14.95
Choose a Course Format:


No reviews yet.

For more information regarding refunds, complaints, or cancellation policies, please contact our offices at 817-477-0222.

American CPE, Inc. 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

 

NASBA QAS Sponsor number 108096