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Date: Please Request 2013 Schedule
Time: 8:00 am - 4:00 pm (Registration at 7:30 am)
City: Salt Lake City
Continuing Education
IMS provides educational opportunities in specific states for CPAs and other financial professionals. Certain training opportunities provide continuing education credits. Please check our schedule or call to see if your state and location are included..

Continuing Education

Utah

 

Utah Association or Certified Public Accountants

Date: Please Request 2013 Schedule

Time: 12:30-1:30

Location: Salt Palace Convention Center

Learn more by going to this link:

http://www.uacpa.org/Public/Catalog/CourseDetails.aspx?courseID=11202

 

Bi-annual World Trade Center Event

World Trade Center - Utah
Date: Please Request 2013 Schedule
Time: 1:00 p.m. – 2:15 p.m. Registration starts at 12:45 p.m.

Location:


Event Flyer - Download PDF HERE
WTC Calendar

 

Location:

10138 S. 460 W.
South Jordan, UT 84095-3900
Phone: 801-285-8990
FAX 1-800-850-9610

Credits: 2 Hours

Dates:
Thursday August 18th 10:30 to 12:30

Thursday September 15th 10:30 to 12:30
Thursday October 20th 10:30 to 12:30
Thursday November 17th 10:30 to 12:30

Click To Register

 

The current instability in the world's financial markets results very rapid valuation and devaluations of major currencies, which, in turn, results in volatility in the foreign currency exchange rates. Consequently, U.S. multinational corporations have become more concerned about the costs associated with exchanging U.S. dollars into foreign currencies and vice versa, and have been looking for more efficient ways to reduce the costs, and manage the risks, associated with foreign currency transactions. U.S. tax considerations play a key role in such a cost-benefit equation. This hands on seminar will introduce the fundamental business, economic, tax and accounting aspects of foreign currency transactions. Particular topics include

  • the treatment of foreign currency as a commodity in the United States.
  • the economics of a foreign currency transaction.
  • who are the parties to the transactions.
  • who are the entities and intermediates that facilitate the transaction.
  • what costs are involved in exchanging foreign currency.
  • what are the tax and accounting consequences of the exchange.
  • how to manage risks associated with exchanging, holding, using and disposing of foreign currency.

Time: 10:30am to 12:30pm

10:30am-11:30pm:

  1. - John Golding: http://www2.gtlaw.com/Practices/tax/ForeignCurrencyTransactions.htm
    1. History of FX
    2. Cash: Conversion and Delivery
    3. Point of Conversion
    4. Company Types
    5. How Conversion Works
    6. Conversion Process
    7. Cost and Transparency

11:30am-12:30am:

  1. - Yoram Keinan: http://www.gtlaw.com/People/YoramKeinan
    1. Functional Currency
    2. Books and Record Keeping
    3. QBU designation
    4. Economic Environment Factors
    5. Section 988
    6. Disposition of FX
    7. Exchange of FX
      1. Other Currencies
      2. Property
    8. Examples
    9.  

      Bi-annual World Trade Center Event

      World Trade Center - Utah
      Date: Please Request 2013 Schedule
      Time: 1:00 p.m. – 2:15 p.m. Registration starts at 12:45 p.m.
      Location: Eccles Board Room, Salt Lake Chamber 175 East 400 South, Suite 600
      Event Flyer - Download PDF HERE
      WTC Calendar