Settled and Approved: Fiduciary Accounting from Start to Finish

Course Details


Tuesday, December 10, 2019

4:30am – 12:00am
(Registration: 4:00am)

Field of Study


Course Number


CPE Credit

8.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation




Typically, trustees and executors must account annually while conservators and guardians account every two years. Few attorneys and CPAs who represent fiduciaries understand how to prepare and present fiduciary accountings. Explore differences between fiduciary accounting and tax and financial accounting.

Real-world examples will be used to move from basic concepts of fiduciary accounting to more complicated aspects of the Uniform Principal and Income Act; and discuss techniques for highlighting the fiduciary's good deeds while mitigating the bad. Also, explore fiduciary fees and the challenges CPAs face when they serve as trustees.

Materials are provided as an ebook.


  • CPA responsibility when preparing a fiduciary accounting
  • Record keeping and accounting duties of executors, trustees, agents, etc.
  • Depreciation and depletion in trust and estate accounting
  • Weird assets: options, derivatives, timber and IRAs
  • Court vs. noncourt accountings


  • Determine how to produce the summary of account and each supporting schedule.
  • Recognize California's Uniform Principal and Income Act.
  • Recognize when the fiduciary's records reveal a breach of trust.
  • Determine how to get the records you need to do the job you were hired to do.

Designed For

CPAs, attorneys, trustees and trust administrators.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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