Proactive Consulting for Professionals Limited


Dealing with Limited Liability Partnerships

Objectives

Many businesses are now waking up to the possibilities open to them by using the Limited Liability Partnership (LLP) as their business vehicle, particularly from a tax planning standpoint.

However, there is a lot of mystery surrounding the accounting treatment and disclosure requirements of LLP’s that seem to make some practitioners shy away from their use.

This course will assist firms in dealing with LLP’s by getting to grips with the layout of the accounts, particularly members accounts.

Content

  • Basic statutory requirements of LLP’s
  • Designated members
  • Use of corporate members
  • The profit and loss account
  • The balance sheet layout
  • Members current accounts
  • Members capital accounts
  • Other SORP matters
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Proactive Consulting for Professionals Limited is a company registered in England and Wales.
Registered Office: 1 Grange Wood, Grammar School Lane, West Kirby, Wirral, CH48 8BU.
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