Accounting for Income Tax

Catalog description

This course is designed to provide students with a fundamental understanding of the Accounting for Income Taxes under ASC 740. The primary focus of the course will cover the Accounting and Tax requirements that taxpayer much understand and analyze in the preparation of their financial statements. Topics include a basic overview of GAAP rules and Corporate Taxation as well as Current and Deferred Taxes. Additionally, advance topics such as Valuation Allowances, Uncertain Tax Positions and International Tax Considerations will be addressed as well. Upon completion of this course, students will be well versed in the tax challenges and disclosures provided by public corporations.