REG CPA Practice Questions: S Corporation AAA

In this video, we walk through 4 REG CPA exam practice questions teaching how to the AAA or accumulated adjustments account works for S Corporations. Important Links Link to the free study training webinar mentioned in the video: https://www.superfastcpa.com/strategic-study See the full post for this video: https://www.superfastcpa.com/reg-cpa-practice-questions-explained-how-to-calculate-the-s-corporation-aaa-accumulated-adjustments-account/ See the other REG walkthrough videos here: https://www.superfastcpa.com/free-reg-cpa-practice-question-walkthroughs/ 00:00 Intro 00:50 Question 1: Calculating Ending AAA in First Year 03:17 Question 2: Calculating AAA in Following Years 04:46 Question 3: Negative AAA Balance 05:56 Question 4: Can Distributions Cause AAA to be Negative? 07:58 Pillar Topics