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FASB ASC 740: Accounting for Income Taxes
Strengthen your skills in accounting for income taxes with the FASB ASC 740 CPE training event. This two-hour session is designed to help accounting professionals and auditors address common challenges, such as material weaknesses and financial restatements, while gaining deeper insights into compliance with income tax accounting standards. Earn 2 Continuing Professional Education (CPE) credits and elevate your knowledge to drive accuracy, confidence, and value in financial reporting.
 
Why Attend This Event?
 
Earn 2 NASBA-Approved CPE Credits
Fulfill your ongoing professional development requirements while sharpening your income tax accounting expertise.
 
Address Material Weaknesses in Reporting
Understand the common causes of financial restatements and disclosures and learn how to mitigate these risks through sound strategies and best practices.
 
Comprehensive Insights into FASB ASC 740
Gain an in-depth understanding of FASB ASC 740 provisions and requirements, ensuring your policies and procedures align with the industry's leading standards.
 
Practical Tools and Industry Expertise
Leverage real-world observations from Corporate Compliance Seminars (CCS) to refine accounting practices and improve engagement planning, training, and workpaper management.
 
What You'll Learn
 
This session is tailored to provide participants with a detailed exploration of income tax accounting and the tools necessary to enhance financial reporting standards.
 
Key Topics Covered Include:
  • Material Weaknesses in Income Tax Accounting: Learn how to address issues that can erode investor confidence, decrease shareholder value, and cause significant financial impacts.
  • FASB ASC 740 Standard Overview: Explore core provisions that govern income tax accounting and financial reporting.
  • Documentation and Analysis Requirements: Gain clarity on the technical aspects of FASB ASC 740 to improve your documentation processes.
  • Common Pitfalls in Tax Accounting: Identify potential risks and implement strategies to mitigate them.
  • Improving Accounting Policies and Procedures: Learn how to align your policies with FASB ASC 740 for better compliance and reporting.
 
Course Learning Objectives
 
By the end of this event, participants will be able to:
  • Understand the Provisions of FASB ASC 740: Learn how to analyze and disclose income tax risks effectively.
  • Enhance Financial Reporting Accuracy: Minimize the risk of material weaknesses by improving your tax accounting practices.
  • Utilize CCS Insights: Apply observations from real-world scenarios to strengthen your approach to income tax accounting.
  • Implement Best Practices: Refine your engagement planning, training objectives, and workpaper management to ensure compliance with standards.
 
Event Details
 
This live, group internet-based session offers practical guidance for accounting and audit professionals looking to excel in their fields.
  • Format: Interactive online session.
  • Schedule: Mondays, 10 a.m.–12 p.m. (Central Time). Sessions offered every eight weeks.
  • Cost: $140 per participant.
  • Group Options: Custom sessions available for teams of 2 or more attendees.
 
Who Should Attend?
 
This event is ideal for:
  • Tax and Accounting Professionals: Improve your understanding of income tax risks and align your practices with industry standards.
  • Auditors: Enhance your engagement planning, audit quality, and workpaper management.
  • Financial Reporting Teams: Develop strategies to mitigate risks and ensure compliance with FASB ASC 740.
 
The Importance of Mastering Income Tax Accounting
 
FASB ASC 740 is a critical component of financial reporting, directly influencing investor confidence and financial integrity. Material weaknesses in income tax accounting can lead to restatements, decreased shareholder value, and significant distractions within organizations. By confidently navigating these complexities, you can elevate your contribution to your company’s financial accuracy and regulatory compliance.
 
Secure Your Spot Today
 
Ensure you’re equipped to tackle the intricacies of income tax accounting with confidence. Enroll in the FASB ASC 740 CPE Training Event to enhance your skills, earn your CPE credits, and gain invaluable insights into one of the most critical areas of financial accounting.
 
Register now to strengthen your expertise and take your career to the next level!

FASB ASC 740: Accounting for Income Taxes

$140.00Price

  • Offered every eight weeks on Mondays at 10:00 a.m. to 12:00 noon Central Time in two CPE-Credit event.

     

    We can schedule private events on your timetable for two or more attendees.

In the event you haven't seen an email from johnb@cseminars.com confirming your registration in your inbox, there's a chance it might have taken a little detour into your spam, junk, or quarantine folder. If you could take a moment to peek in there and kindly mark it as "not spam" or “not junk,” that would be fantastic. On the off chance that your firewall is being a bit overprotective and preventing the email from even reaching your spam folder, please don’t hesitate to give me a ring at 479-200-4373. I’m here to ensure everything’s set straight for you.

Contact Us

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Corporate Compliance Seminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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In accordance with the standards of the National Registry of CPE Sponsors, CPE credits are granted based on a 50-minute hour.

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National Registry of CPE Sponsors ID #108983

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Complaints may also be forwarded to the company principals, David S. Marshall (708-205-2366; davem@cseminars.com) and/ or John Blackshire (479-200-4373; johnb@cseminars.com)

 

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At CCS, we are deeply dedicated to delivering NASBA-sponsored Continuing Professional Education (CPE) training events focusing on vital subjects such as risk management, audit & assurance, internal controls, internal audit, cybersecurity, and compliance. Our educational content is meticulously crafted to be accessible through live webinars and in-person CPE events, custom-tailored to meet the CPE requirements of certifications including CIA, CPA, CISA, CFE, and other professional certifications.

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We take immense pride in our pivotal role over the past twenty years of empowering participants to expand their audit expertise and develop a deep understanding of best-practice frameworks and standards established by eminent organizations such as IIA, AICPA, COSO Framework, PCAOB Auditing Standards, NAIC Model Laws, GAO Green Book, GAO Yellow Book, NIST, ISO, CMMC, ACFE, SEC, and IAASB.

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Our comprehensive CPE training events provide invaluable insights across a diverse spectrum of topics, encompassing internal auditing, external audits, planning and execution of audits using the PCAOB Auditing Standards, formulation and implementation of effective internal audits, risk identification and evaluation, adherence to accounting and auditing standards, proficient management of business endeavors and projects, ITGCs and application controls, vigilant oversight of vendor and third-party risks, robust cybersecurity initiatives, and the reporting of audit, risk management, and internal control training courses.

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Furthermore, we offer our professional attendees the opportunity to engage with our webinar CPE events virtually, featuring live instructors, or to participate in-person at select cities or a location of their choice.

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We consider our target audience to include chief audit executives, audit partners in CPA firms, chief compliance officers, audit managers, audit supervisors, external auditors, internal auditors, internal control professionals, quality control professionals, compliance professionals, board members, and other professionals who prioritize continuous improvement and organizational sustainability.

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Our CPE events are all based on the professional standards provided by the IIA, AICPA, PCAOB Auditing Standards, SEC, ISACA, ACFE, NAIC regulations, NIST, ISO, CMMC, COSO Framework, GAO Yellow Book, GAO Green Book, U.S. GAAP, IFRS, and IAASB.

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The CCS training staff has a broad range of experience in internal auditing, Big 4 auditing, software development and implementation, Big 4 consulting, governmental accounting and auditing, regulatory compliance and professional training.

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Our flexibility in delivering content allows us to cater to the diverse needs of our professional audit function, internal control professional and information technology participants, ensuring a truly enriching learning experience for all.

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Explore our CPE event offerings and sign up for your first CPE training event today!

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