Press Room

December 06, 2012

Minich to Speak on Current Issues in U.S. Accounting for Income Taxes (ASC 740)

Bloomberg BNA/CITE presents Current Issues in U.S. Accounting for Income Taxes (ASC 740). This is a two-day intermediate level, technical update course with live instruction on selected hot tax accounting and corporate governance issues facing tax practitioners in preparing the global corporate tax provision under ASC 740. WTAS Managing Director, Dennis Minich, will be presenting. Attendees will be able to:

  • Learn the latest trends in how U.S. multinationals assemble their global financial statements and forecast effective tax rates information
  • Understand the role of the Tax Department in establishing internal controls to comply with Section 404 certification criteria
  • Learn how foreign exchange transaction gains (losses), hedges and derivatives affect U.S. financial statements
  • Discover how new ASC 805 and ASC 350 affect goodwill acquired in mergers and acquisitions and what happens on impairment of goodwill
  • Find out how to apply APB #23 to defer the U.S. tax cost on repatriating foreign earnings and other issues in consolidating the results of foreign operations
  • Determine whether an income tax position satisfies the more-likely-than-not standard in accounting for uncertainties under FIN 48
  • Ascertain how the latest ASC rules for stock options, restricted stock plans and other share-based payments affect your company
  • Recognize how the choice of foreign entity - corporation or branch - and transfer pricing methodology can affect your consolidated income statement
  • Learn how to satisfy the SOX requirements for reporting domestic production activities and claiming a Sec. 199 deduction

December 10 -11, 2012
New York, NY

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