December 4, 2020 9:30am – 1:00pm Map & Directions 602-252-4144

Webcast: Deferred Income Taxes | 4203466C

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

Description




Accounting for income taxes is now a complex set of standards with computational difficulties and confusion. Particularly relating to private companies. A practical approach is shown to navigate the maze, simplify basic calculations and clarify financial statements. Includes a review on the impact of the 2017 Tax Reform Act on calculations.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

9:00am

Fees

Member:
$160
Non-CPA Staff:
$210
Non-CPA Staff (100% club):
$160
Non-CPA Staff (sole proprietor):
$160
Non-Member:
$210
Webinar
Accounting & Auditing
4

Objectives





Develop a practical approach for the application of the basic elements of income tax accounting under FASB codification 740.
We will dispel the myths surrounding deferred income taxes and provide useful approaches and numerous computations.
Identify basic recurring transactions that result in book-tax differences for private companies and how to accumulate the needed information to simplify the computations.
Recognize tax positions taken in tax returns and how those positions are to be evaluated for purposes of accruing the related tax benefits in the financial statements.

Course Level

Beginning

Vendor

CalCPA Education Foundation More With This Vendor

Designed For




CPAs, accountants and financial professionals.

Prerequisites




None.

Highlights





Sample Schedule M calculations
Sample work papers for deferred tax computations
Comprehensive two year example and computations
Review and analysis of recurring temporary differences
Identification of the sources to compute "cumulative temporary differences"
Sample workpapers for analysis of tax positions

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