Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course provides a comprehensive overview of tax provision accounting, focusing on the processes and principles required to prepare and analyze income tax provisions in accordance with ASC 740. Participants will learn how to identify and differentiate temporary and permanent differences, calculate deferred tax assets (DTAs) and deferred tax liabilities (DTLs), and assess valuation allowances. The course also explores key considerations such as intercompany transactions, net operating losses, tax credit carryforwards, uncertain tax positions, and consolidated provisions, along with current guidance updates.
Topics Include:
- Overview of the Tax Provision Process
- Special Considerations
Key Takeaways
After completing this course, the learner should be able to:
- Identify the tax return provision process.
- Differentiate between a deferred tax asset and a deferred tax liability.
- Differentiate between temporary and permanent tax differences.
- Apply the requirements of ASC 740 to complex transactions.
Who Will Benefit
This course is ideal for experienced accounting and finance professionals, particularly those involved in financial reporting or tax functions, who need a stronger understanding of ASC 740. It benefits them by providing the knowledge and practical skills required to accurately prepare, analyze, and support income tax provisions in complex business environments.
Disclaimer
Most of CPA Ontario's 450+ on-demand courses are compatible with the mobile app. Unfortunately, this on demand course is not compatible. For the best learning experience, we suggest you use your computer.
How to Access the Course
To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Becker has been the partner accountants trust with their professional education for more than 60 years. Our team of expert instructors draws on decades of real-world experience to deliver comprehensive coursework that translate concepts into real-life examples. Becker has prepared people from more than 2,900 accounting firms, alliances, corporations, government agencies and universities.