Scope of FASB ASC 740, Accounting for Income Taxes and ASC 740-10-25, Accounting for Uncertainty in Income Taxes. Temporary and permanent differences, Deferred tax liabilities and assets recognition, Provision for income taxes, current and deferred, balance sheet classification, income statement presentation and required disclosures.
Objectives:
Upon completion of this course participants will be able to:
1. Perform the required adjustments regarding income taxes.
2. Explain the presentation methods.
3. Prepare required disclosures.
4. Determine the impact of ASC 740 (former FIN 48).
Instructional Delivery Method: Group Live
CPE Credits: 4
P. R. Field of Study: Accounting & Auditing
NASBA Field of Study: Accounting
Pre-requisite: One year experience in accounting or auditing.
Advance Preparation: None
Level: Intermediate
Date: October 11, 2017
Registration: 2:15pm – 3:00pm Seminar: 3:00pm – 7:00pm
Instructor: Nelly Vázquez Merced, CPA, Sole Practitioner
Additional Charges: Applications received after October 8, $8pp