Accounting for Income Taxes

Price: $19.99

CPE Credits: 2.0

Category:

Course Number: AAITAXDP

accounting for income taxes cpe

Description:
Corporations must file income tax return following the guidelines developed by the IRS.  Since GAAP and tax regulations differ in a number of ways, so frequently do pretax financial income and taxable income. In consequence, the amount that a company reports as tax expense will differ from the amount of taxes payable to the IRS.  This course covers the basic guidelines that companies must follow in reporting income taxes and the disclosure requirement associated with deferred taxes, reviewing some of the concepts and items discussed in ASC 740, Income TaxesTable of Contents

Delivery Method: Online QAS Self Study.

Level: Basic to Intermediate

Prerequisites: Basic Accounting

Advanced Preparation: None

Author: DeltaCPE LLC

Publication: October 2018
Format: PDF
Pages: 75

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• Recognize the four types of temporary differences and identify how these differences may arise.
• Identify permanent differences and distinguish between permanent and temporary differences.
• Recognize the impact of different expenses and investment and how they affect deferred income tax.
• Identify accounting procedures for a loss carryback and a loss carryforward.

Description:
Corporations must file income tax return following the guidelines developed by the IRS.  Since GAAP and tax regulations differ in a number of ways, so frequently do pretax financial income and taxable income. In consequence, the amount that a company reports as tax expense will differ from the amount of taxes payable to the IRS.  This course covers the basic guidelines that companies must follow in reporting income taxes and the disclosure requirement associated with deferred taxes, reviewing some of the concepts and items discussed in ASC 740, Income TaxesTable of Contents

Delivery Method: Online QAS Self Study.

Level: Basic to Intermediate

Prerequisites: Basic Accounting

Advanced Preparation: None

Author: DeltaCPE LLC

Publication: October 2018
Format: PDF
Pages: 75

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• Recognize the four types of temporary differences and identify how these differences may arise.
• Identify permanent differences and distinguish between permanent and temporary differences.
• Recognize the impact of different expenses and investment and how they affect deferred income tax.
• Identify accounting procedures for a loss carryback and a loss carryforward.

  • I loved the course as it had current cases which I am familiar with. Best ethics course I have taken in recent memory. Thanks!”

    - Kathy

  • “..may I say it is rarer that I ever have gotten a personal reply from a CPE Site! Glad I have found your site.”

    - Tom

  • “Excellent Regulatory Review Course. The self-study format (E-Book) provided an excellent overview of the regulatory requirements for California CPAs. I will be using the E-Book as  a reference material. Thank you for providing a very comprehensive yet affordable option for this required CPE.”

    - Constance