{"id":15648,"date":"2026-03-24T19:34:45","date_gmt":"2026-03-24T19:34:45","guid":{"rendered":"https:\/\/taxops.com\/?p=15648"},"modified":"2026-03-24T19:47:03","modified_gmt":"2026-03-24T19:47:03","slug":"asc-740-impact-on-your-financial-statements-cpe","status":"publish","type":"post","link":"https:\/\/taxops.com\/asc-740-impact-on-your-financial-statements-cpe\/","title":{"rendered":"ASC 740: Impact on Your Financial Statements CPE"},"content":{"rendered":"\n<div style=\"height:23px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:18px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.lorman.com\/training\/tax\/asc-740-impacts-on-your-financial-statements#overview\" target=\"_blank\" rel=\" noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1-1024x576.png\" alt=\"\" class=\"wp-image-15652 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1-980x551.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1-480x270.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><noscript><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1-1024x576.png\" alt=\"\" class=\"wp-image-15652 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1-980x551.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1-480x270.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/noscript><\/a><\/figure>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>Join TaxOps&#8217; Lindsay Haskell and Dan DeLau for a 2-credit CPE course at Lorman on ASC 740: Impact on Your Financial Statements<\/em><\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:3px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-text-align-center\"><strong>ASC 740: Impact on Your Financial Statements<\/strong><\/h1>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Online Only | 2.0 Credits<\/p>\n\n\n\n<div style=\"height:22px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Monday, April 9 | 1:00 PM ET<\/h2>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-fe48e5de wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.lorman.com\/training\/tax\/asc-740-impacts-on-your-financial-statements\" target=\"_blank\" rel=\"noreferrer noopener\">Register<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strengthen your ASC 740 expertise with practical updates and tax insights.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This course provides a practical overview of the core principles and latest developments in ASC 740 to help accounting, finance, and tax professionals strengthen their income tax accounting knowledge and processes. The topic will cover recent updates, including accounting considerations for modifications in the OBBBA and disclosure changes under ASU 2023-09.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Attendees will gain clarity on calculating current and deferred income taxes, identifying permanent and temporary differences, and evaluating uncertain tax positions and related disclosures. In addition, the course will explore how to assess valuation allowances using the more-likely-than-not framework. The topic concludes with practical tax internal control best practices and a recap with live Q&amp;A.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Learning Objectives<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This program contains a basic overview of several topics relevant to the identification of uncertain tax positions. Students will learn:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Accounting for uncertainty \u2014&nbsp;<\/strong>How likely is it that a tax position will be sustained on examination?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>ASC 740 basics \u2014&nbsp;<\/strong>What is it, how it works and who is responsible for adhering to it<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Income tax computation \u2014&nbsp;<\/strong>How does ASC 740 require that current and deferred incomes taxes be calculated?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Valuation allowances \u2014&nbsp;<\/strong>What evidence must be weighed to determine an accurate valuation?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Instructors:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/taxops.com\/lindsay-haskell\/\" target=\"_blank\" rel=\"noopener\" title=\"Lindsay Haskell\">Lindsay Haskell<\/a><\/strong><br>Partner, Corporate Tax<br>TaxOps<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lindsay Haskell has more than 15 years of public and private accounting experience in corporate, income tax provision and compliance as well as indirect tax experience. As a main point of contact in client matters, directing client workflows and relationships, Lindsay\u2019s energy and tenacity are aimed at doing what is best for clients, which includes dynamic companies worldwide. Clients appreciate her deep subject matter expertise, hands-on attention to detail, and straightforward answers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/taxops.com\/dan-delau\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Dan DeLau<\/a><br>Corporate Tax Advisor<br>TaxOps<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Daniel DeLau is a co-founder of TaxOps and a boomerang to our business tax advisory mission here at TaxOps. Following a promotion to partner at Ernst &amp; Young, Dan co-founded TaxOps to bring all the best of the big firm knowledge to businesses without the bureaucracy. TaxOps today continues to offer the strength, experience, and resources of a national tax brand with the hands-on client engagement of a boutique firm.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">More Tax News<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/auditor-independence-in-the-age-of-private-equity\/\">Auditor Independence in the Age of Private Equity: What CFOs Need to Know<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/r-d-credits-for-software-companies\/\">R&amp;D Credits for Software Companies: Scrum Teams, Qualifiers, and Section 174 After OBBBA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/section-174-decoupling-what-tax-pros-need-to-know-state-by-state\/\">Section 174 Decoupling: What Tax Pros Need To Know State By State<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/sean-espy-new-partner\/\">TaxOps Welcomes Sean Espy as Partner, Tax Minimization<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/state-nexus-demystified-navigating-tax-compliance-after-wayfair-episode-1-2\/\">Your Tax Footprint Is Probably Bigger Than You Think: What Finance Leaders Need to Know About State Nexus<\/a><\/li>\n<\/ul>\n\n\n<div style=\"height:64px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<strong>Follow Us<\/strong><br>\n<a href=\"http:\/\/www.linkedin.com\/company\/201050\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-linkedin-square fa-2x\"><\/i><\/a>\n<a href=\"https:\/\/twitter.com\/taxops\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-twitter-square fa-2x\"><\/i><\/a> <a href=\"https:\/\/www.sarahf14.sg-host.com\/prospects\/connect-with-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-envelope-square fa-2x\"><\/i><\/a>\n","protected":false},"excerpt":{"rendered":"<p>Join TaxOps&#8217; Lindsay Haskell and Dan DeLau for a 2-credit CPE course at Lorman on ASC 740: Impact on Your Financial Statements ASC 740: Impact on Your Financial Statements Online Only | 2.0 Credits Monday, April 9 | 1:00 PM ET Strengthen your ASC 740 expertise with practical updates and tax insights. This course provides [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":15652,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[230,225,228,229,78,226],"tags":[252,388,1163,694,31,32,284,1096,994,1097,33,1050,126,26,34,35,796,471,767,1094,36,1095,797,536,44,37,67,1053,18,19,1051,1081,30,101,601,38,214,139],"class_list":["post-15648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asc-740","category-events","category-federal-tax","category-state-and-local","category-tax-savings","category-tax-news","tag-accountant","tag-accounting-professionals","tag-allowances","tag-asc-740-2","tag-business","tag-business-tax","tag-cfo","tag-combined-filing","tag-controller","tag-cookies","tag-corporate-tax","tag-cp","tag-cpa","tag-cpe","tag-economic-nexus","tag-economic-presence","tag-exemption-certificates","tag-finance-professionals","tag-financial-statements","tag-finnigan-method","tag-income-tax","tag-joyce-method","tag-mtc","tag-pl-86-272","tag-property-tax","tag-providers","tag-provision","tag-risk-reduction","tag-sales-and-use-tax","tag-sales-tax","tag-sales-tax-exemptions","tag-sales-tax-management","tag-state-and-local-tax","tag-state-tax","tag-tax-administrations","tag-tax-compliance","tag-taxability","tag-voluntary-disclosure"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2026\/03\/ASC-740-Impact-on-Your-Financial-Statements-1.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/15648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/comments?post=15648"}],"version-history":[{"count":3,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/15648\/revisions"}],"predecessor-version":[{"id":15654,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/15648\/revisions\/15654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/15652"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=15648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=15648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=15648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}