CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

True Sale Opinions: What You and Your Auditor Needs to Consider

Individual
Teams

$29.00$49.00

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CPE Credits

1 Credits: Accounting
Course Level
Overview
Format
Self-Study

Course Description

This online self-study CPE course is an essential guide for professionals dealing with financial asset transfers, offering a deep dive into the world of true sale opinions. You’ll gain the ability to recognize when these opinions are necessary, which is crucial in ensuring the legality and safety of your financial transactions. The course also sheds light on the role of internal legal counsel in issuing these opinions, helping you make informed decisions about legal resources. Moreover, by learning about specific language that should not be included in a true sale opinion, you’ll be able to safeguard your transactions against potential legal pitfalls. Additionally, understanding the characteristics of a nonconsolidation opinion enhances your expertise in handling complex financial matters. This online self-study CPE course doesn’t just teach; it equips you with practical skills that directly benefit your professional practice.

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Learning Objectives

Upon completion of this course, you 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; and
  • Recognize characteristics of a nonconsolidation opinion.
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Course Specifics

Course ID
122305281
Revision Date
October 31, 2022
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
31

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …