Together, these titles offer step-by-step checklists outlining an effective process for preparing income tax provisions, and detailed guidance on complying with related accounting rules, in particular the rules on accounting for uncertain income tax positions.
Individual Title Descriptions
Corporate Income Tax Provision Checklists provides users with a comprehensive process for preparing income tax provisions. In addition to the traditional pronouncement-based requirements, the checklists provide an overall structure for establishing and maintaining an accurate and timely information flow.
Corporate Income Tax Accounting articulates the reality of financial accounting and tax compliance in light of the new landscape faced by companies and sets out a means by which companies can structure their tax planning and financial reporting in a manner to efficiently meet all applicable requirements.
Accounting for Uncertain Income Tax Positions is a powerful tool for compliance with the complex provisions of FASB ASC 740-10 and related tax law. Experts agree that these rules have created an enormous shift in accounting for income taxes, as reporting requirements became more rigorous, and the downside risk associated with any lapses in compliance continues to grow.