Understand the increasingly complex rules governing income tax accounting and learn how to address them through active scenarios and practical exercises. Discover specifics you can use to apply FASB ASC 740 and the impact that IFRS has had on accounting for income taxes and the impact of dealing with other accounting standards in conjunction with FASB ASC 740.
ASC 740. Comparison of ASC 740 to IAS 12. Intra-period tax allocation. Business combinations.
Experience in financial reporting and basic knowledge of ASC 740.
CPA firm auditors or tax managers, and partners and experienced accountants in industry who are involved in financial reporting for income taxes.
Apply the complex rules of ASC 740 to new and challenging situations. Identify the similarities and differences between U.S. GAAP and IFRS with deferred tax implications. Apply ASC 740 to state and local income tax complexities. Determine the applicable tax rate for complex situations. Schedule temporary differences in various complex situations. Apply ASC 740 to changes in tax laws or rates, accounting methods, tax status, and interim periods. Apply ASC 740 to ASC 805. Business Combinations, ASC 810 and noncontrolling Interests in Consolidated Financial Statements. Apply intraperiod tax allocation with a five-step approach for more complex situations. Apply ASC 740 to stock-based compensation issues. Compute the valuation allowance considering items that reduce the need for an allowance.
- David Peters
Non-Member Price $309.00
Member Price $259.00