{"id":9070,"date":"2021-10-01T18:28:30","date_gmt":"2021-10-01T18:28:30","guid":{"rendered":"https:\/\/taxops.com\/?p=9070"},"modified":"2021-10-01T19:13:34","modified_gmt":"2021-10-01T19:13:34","slug":"research-and-development-credits-cpe-2","status":"publish","type":"post","link":"https:\/\/taxops.com\/research-and-development-credits-cpe-2\/","title":{"rendered":"A Practical Approach to ASC 740 CPE"},"content":{"rendered":"\n<div style=\"height:51px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-1024x536.png\" alt=\"A practical approach to ASC 740 accounting for income taxes\" class=\"wp-image-9077 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-1024x536.png 1024w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-980x513.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-480x251.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=\"536\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-1024x536.png\" alt=\"A practical approach to ASC 740 accounting for income taxes\" class=\"wp-image-9077 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-1024x536.png 1024w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-980x513.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1-480x251.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><\/figure>\n\n\n\n<div style=\"height:51px\" 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\"><p><em>Accounting for income taxes is detail-oriented, complex and time-consuming. Davinia Lyon and Lindsay Haskell of TaxOps have a practical approach to achieving compliance with ASC 740 at CPE4U.<\/em><\/p><\/blockquote>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\"><strong>Thursday, November 11, 2021<\/strong> | <a href=\"https:\/\/cpe4ucolorado.com\/Seminar\/detail\/8882\" target=\"_blank\" rel=\"noreferrer noopener\">Registe<\/a><a href=\"https:\/\/cpe4ucolorado.com\/Seminar\/detail\/8845\" target=\"_blank\" rel=\"noreferrer noopener\">r<\/a><\/h2>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">1:00 pm-4:30 pm MT<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ASC 740, the financial accounting standard for computing and reporting income tax provisions, demands painstaking attention to detail. This course will provide an overview of the basic concepts of ASC 740 and the practical affect on financial statements and disclosures for recent changes in laws and regulations on the income tax provisions, deferred tax assets and liabilities, business combinations, and shareholder reporting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Learning Objective:<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">After completing this course the participant will be able to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Summarize the principles of ASC 740, types of taxes, and the business application.<\/li><li>Illustrate an income tax provision with receivables, deferred taxes and liabilities, uncertain tax position, valuation allowance, and tax expense.<\/li><li>Recognize the difference between accounting estimates and errors, and the impact of \u00advariable tax rates on each component.<\/li><li>Describe income tax accounting for stock-based compensation.<\/li><li>Identify legal, regulatory, and situational factors that impact accounting for income taxes.<\/li><li>Explain the impact of business combinations on ASC 740.<\/li><li>Define transfer pricing as it relates to ASC 740.<\/li><li>Communicate more effectively with auditors.<\/li><li>Distinguish between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) tax accounting treatment.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Instructors<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/taxops.com\/davinia-lyon\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Davinia Lyon\">Davinia Lyon<\/a>,<\/strong>&nbsp;CPA, is a partner in federal tax at TaxOps Minimization, where she specializes in corporate and international tax and planning, including ASC 740, business strategy tax impact analysis, transfer pricing, foreign compliance and reporting, M&amp;A transactions, and entity restructing. She earned a Master of Taxation Degree at the University of Denver. She previously worked at EY and then at Jacobs Engineering, where she was senior tax director of global tax accounting and transfer pricing during its $15B merger with CH2M.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/taxops.com\/Lindsay-Haskell\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Lindsay Haskell\">Lindsay Haskell<\/a>,<\/strong>\u00a0CPA, is senior tax manager in federal tax at TaxOps Minimization, where she manages projects on federal and corporate tax compliance, ASC 740, indirect tax, and international tax. She earned an M.S. in accountancy at Bentley University. Prior to joining TaxOps she worked in tax compliance at EY and also in private industry.<\/p>\n\n\n\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/cpe4ucolorado.com\/Seminar\/detail\/8882\" target=\"_blank\" rel=\"noreferrer noopener\">Register<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Let&#8217;s Talk Tax<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\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:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/taxops.com\/contact\/#subscribe\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe to Tax News<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Accounting for income taxes is detail-oriented, complex and time-consuming. Davinia Lyon and Lindsay Haskell of TaxOps have a practical approach to achieving compliance with ASC 740 at CPE4U. Thursday, November 11, 2021 | Register 1:00 pm-4:30 pm MT ASC 740, the financial accounting standard for computing and reporting income tax provisions, demands painstaking attention to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":9077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[230,225,228,226],"tags":[132,64,782,394,694,81,800,802,284,12,126,26,265,820,801,819,67,818,111,821,759,267],"class_list":["post-9070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asc-740","category-events","category-federal-tax","category-tax-news","tag-accounting","tag-accounting-for-income-taxes","tag-accounting-professional","tag-amazon","tag-asc-740-2","tag-audit","tag-aws","tag-business-activities","tag-cfo","tag-colorado","tag-cpa","tag-cpe","tag-finance-professional","tag-gaap","tag-government-state-agency","tag-ifrs","tag-provision","tag-spac","tag-tax","tag-tax-accounting","tag-tax-advisory-services","tag-tax-professional"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2021\/10\/ASC-740-CPE4u-1.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/9070","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=9070"}],"version-history":[{"count":8,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/9070\/revisions"}],"predecessor-version":[{"id":9083,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/9070\/revisions\/9083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/9077"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=9070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=9070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=9070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}