Topics covered include: Describe the doctrine of recession Backdating rules; Legal backdating and fraudulent backdating; Tax doctrine of recession applies Common situations that arise with regard to backdating and rescission. Upon completing this course, you should be able to: Describe the doctrine of rescission; Recognize definition of backdating rules; Differentiate between legal backdating and fraudulent backdating; Recognize when the tax doctrine of rescission applies and how to use it strategically; Identify common situations that arise with regard to backdating and rescission; Describe types of backdating; Differentiate memorialization of terms versus fabrication; Describe 'as of' dating.