June 3 – 04, 2024

Webinar

16 CPE

Webinar (CA): Accounting for Income Taxes (ASC 740) 2024

June 3 – 04, 2024
Webinar
16 CPE

Webinar (CA): Accounting for Income Taxes (ASC 740) 2024

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    Instructor

    Robert
    Bedwell

    View Bio

    Robert Bedwell

    Bio

    Robert Bedwell (“Bob”) is a financial accounting and compliance professional with over 42 years of audit, accounting and financial reporting experience. During his tenure as an audit partner with several large regional and national public accounting firms, Bob regularly assisted clients with a full range of corporate audit and assurance services, including financial statement preparation, auditing, SEC reporting, mergers, acquisitions, divestitures, due diligence, financing regulatory compliance, accounting system oversight, internal controls, IFRS conversions, Sarbanes-Oxley compliance advisory, and the independent review of external data.

    Bob has been a national speaker and instructor on numerous topics for Surgent Professional Education, the Florida Institute of Certified Public Accountants and the American Institute of Certified Public Accountants, as well as for the firms for which he has worked, and has received high evaluations for his knowledge of topics and presentation skills.

    Bob received his Bachelor of Science in Accounting and Finance from Upsala College in East Orange, New Jersey, and has also earned a Masters in Accounting from Florida Atlantic University. Licensed as a Certified Public Accountant in Florida, Bob is a member of the Florida Institute of Certified Public Accountants (FICPA) and the American Institute of Certified Public Accountants. He has previously served as chairman of the FICPA Accounting Principles and Auditing Standards Committee.

The current model for accounting for income taxes, ASC 740, is considered one of the more challenging areas in accounting and financial reporting standards. This course will provide you with a basic knowledge of the accounting model, including an overview of the authoritative standards for deferred taxes, income tax expense, uncertain tax positions, and the classification and disclosure requirements in financial reporting for income taxes.

Learning Objectives

• Identifying types and sources of deferred tax assets and liabilities
• Understanding temporary book/tax differences that give rise to deferred tax assets and liabilities
• Calculating deferred tax assets and liabilities
• Determining when and how to report uncertain tax positions

Major Topics

• Types and sources of deferred tax assets and liabilities
• Temporary and other than temporary book/tax differences
• Determining current and deferred tax expense or benefit in each reporting period
• Reporting and classifying deferred tax assets and liabilities and income tax expense

CPE Credits Available

16 CPE
16
Accounting

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting & Auditing

Prerequisites

Experience in financial accounting and reporting.

Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

Accounting professionals, both in public accounting and industry that are involved in financial statement preparation and review.

Provider

California CPA Education Foundation

This event has ended.