This course provides an overview of the Corporate Transparency Act with a specific emphasis on Beneficial Ownership Information reporting requirements. This course provides information on what is considered to be a reporting company, who are its beneficial owners, and what information is required to be reported to FinCEN. This course also provides information on the reporting deadlines for initial reports as well as information about how to update or correct these initial reports. Finally, this course concludes with a series of best practices reporting companies can apply to ensure compliance with the respective regulations.
Course Publication Date:
March 11, 2024
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$20.00!
| Author: | Kelen Camehl |
| Course No: | SPEC-CTA-26004 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Specialized Knowledge
New/Popular Courses
|
|
|
|
Learning Objectives
- Recognize the key reasons for why the Corporate Transparency Act was created.
- Identify what are reporting companies within the scope of BOI reporting.
- Recognize how to identify beneficial owners of a reporting entity.
- Identify the reporting requirements and deadlines with respect to BOI reporting.
- Recognize the options for submitting an initial BOI report to FinCEN.