ASC 740 for Non-Tax Professionals

Accounting for income taxes is a complex area of U.S. GAAP that impacts all public and private companies and is especially complex for global multinationals. The purpose of accounting for income taxes is to recognize tax liabilities and assets for both current and deferred taxes, as well as the correlative tax expense in the financial statements. Please join Sharon Popinski from Jefferson Wells as she introduces the core accounting principles and concepts of ASC 740. Participants will: -Understand the purpose and core concepts of ASC 740 -Learn how to recognize and measure current and deferred taxes -Identify the four sources of future taxable income evaluated in a valuation allowance assessment Who should attend: Anyone responsible for financial statements, Controllers, and other accounting or finance personnel Program level: Beginner Field of study: Accounting Prerequisites: None Delivery Method: Group Internet Recommended CPE Credit: 1.0 *CPE credit available for qualifying live attendees only