|Hours||3.0 Credit, 3.0 Lecture, 0.0 Lab|
|Prerequisites||Marriott School Graduate Core.|
Describe and discuss important tax and nontax factors involved in selecting the entity type for a particular business.
Determine common corporate book-tax differences in accounting for various corporate transactions and reconcile the book and taxable income of a corporation.
Compute a corporation's income tax provision under the ASC 740 rules and understand the proper financial statement disclosure for a corporation's income tax expense related items.
Describe and discuss important tax and nontax issues relevant to corporate and flow-through entities.