Tax Accounting Methods and Accounting for Income Taxes

Tax Accounting Methods and Accounting for Income Taxes
Accounting periods and methods, corporate income taxation, and accounting for income taxes under ASC 740.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
Course Outcomes: 

Corporate Book–Tax Differences

Determine common corporate book–tax differences in accounting for various corporate transactions and reconcile the book and taxable income of a corporation.

Tax Provision

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.

ASC 740 Advanced Topics

Understand how to deal with advanced topics within ASC 740 including business combinations, interim reporting, state and local taxes, and consolidated groups.

Earnings Per Share

Develop an intuition and perspective about the impact of taxes on financial statement measures such as earnings per share.