- NY Credits : 1.0
- TX Credits : 1.0
Accounting for Uncertainty in Income Taxes - Understanding the Requirements
This course will help you prepare financial statements that comply with Subtopic 740-10. In addition to the FASB's requirements and guidance, this course reviews what the AICPA published as guidance to help businesses obtain proper implementation. This course includes a hypothetical example of tax positions that a business entity may establish. This intermediate level course is most appropriate for the professional with detailed knowledge in accounting for uncertainty in income taxes or the professional seeking to expand his or her knowledge base and who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
explain the requirements of Accounting for Uncertainty in Income Taxes, and
discuss the implementation of the FASB's financial and reporting standards for the effects of income taxes that result from an entity's activities during the current and preceding years.