Income Tax Accounting LARS

Friday, January 14 8:00am - 4:00pm PST

(Check-In 7:30am PST)

Add to Calendar

WSCPA Learning Center Room 1

902 140th Ave NE
Bellevue, WA 98005

Get Directions

8.0 Credits

Member Price $279.00

Non-Member Price $329.00


LARS: Live Audience, Remote Speaker

This course contains the framework of the rules of ASC 740 and how these are manifested in accounting for income taxes, including the statement of financial position classification of deferred tax accounts and disclosures. The course includes case studies of actual scenarios.


Permanent and timing differences. Income tax expense. Effective tax rate. Current income tax liability. Deferred income tax assets and liabilities. Tax basis balance sheet. Uncertain tax positions. Tax benefits for carryforwards. Reporting and disclosure under ASC 740, ASC 740-20 intraperiod tax allocation.


Basic knowledge of ASC 740.

Designed For

Staff and senior associates in public accounting who assist clients with income tax calculations and disclosures.


Calculate income tax expense for financial statement purposes. Identify and classify deferred tax assets and deferred tax liabilities. Complete a worksheet that provides documentation for the reporting and disclosure requirements and for the preparation of required journal entries. Account for operating loss carryforwards and tax credit carryforwards. Compute the valuation allowance with consideration given to items that are allowed to reduce the need for an allowance. Apply concepts to practical situations.




LARS stands for Live Audience, Remote Speaker. We will serve lunch at these locations, but the instructor will be webcasting into the classroom.

All attendees at this event will be required to show proof of COVID-19 vaccination or a negative COVID-19 test and to wear a mask. Masks will be available for those needing them. Please review our current COVID-19 Health and Safety Policies for more details.


  • Deborah Phillips

Non-Member Price $329.00

Member Price $279.00