Advanced Survey of Taxation

Catalog description

This course covers the accounting and reporting of income taxes in the financial statements of a business. The course will cover the key aspects of accounting for income taxes under US GAAP as codified in ASC 740 including current and deferred taxation, deferred tax asset realization, intra-period allocation, inter-company transactions, outside basis differences, uncertain tax positions, interim reporting and disclosure requirements. The course will also cover some of the key differences between US GAAP and IFRS.