Self-Study
Basic
CPE Credits
2 Credits: Accounting
Course 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 Taxes.
Learning Objectives
Upon successful completion of this course, participants will 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.
Course Specifics
|
Course ID 1203501 |
Revision Date February 20, 2020 |
Prerequisites There are no prerequisites |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.
Accounting for Income Taxes
$58.00 – $78.00
Self-Study
Basic
CPE Credits
2 Credits: Accounting
Course 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 Taxes.
Learning Objectives
Upon successful completion of this course, participants will 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.
Course Specifics
|
Course ID 1203501 |
Revision Date February 20, 2020 |
Prerequisites There are no prerequisites |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.
Accounting for Income Taxes
$58.00 – $78.00