This course features an innovative, step-by-step approach to the challenging topic of accounting for income taxes. Participants benefit from an in-depth exploration of the recognition, measurement, and presentation aspects of both current and deferred taxes, as well as provisions for unrecognized tax positions and disclosure requirements. The course stands out by offering practical examples, making complex concepts more accessible and applicable to real-world scenarios. Jeff Sailor's unique blend of humor and video parodies further enhances the learning experience, ensuring that participants stay engaged and retain crucial information effectively.
Learning Objectives
Upon successful completion of this course, the participant should be able to:
Describe the steps to accounting for income taxes
Apply the recognition, measurement and presentation for current taxes
Apply the recognition, measurement and presentation for deferred taxes
Apply the provisions for unrecognized tax positions
Apply the requirements for disclosures
Major Topics
Determining Current Tax Position
Determining the Deferred Tax Position
Identify Any Unrecognized Tax Positions
Considering Any Special Issues
Preparing Disclosure
