Experienced In-Charge/Senior - Auditing Deferred Income Taxes

Overview

This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - Experienced In-Charge/Senior training bundle.

Deferred income taxes can be difficult because of the client estimates and management assumptions involved.

Many staff members shy away from these tasks, but this course will help.

Learn how to plan and perform test work surrounding deferred income taxes, tax provisions, and valuation allowances.

Highlights

Key Topics

• Deferred income taxes
• Provision for income taxes
• Valuation allowances.

Prerequisites

1-2 years of audit experience

Designed For

Who Will Benefit

• Experienced in-charge auditors
• Audit seniors
• Firms that want consistent training and level setting

Objectives

Learning Outcomes

• This course will prepare you to do the following:
• Recall the principles of FASB Accounting Standards Codification (ASC) 740, Income Taxes.
• Recall the auditing considerations surrounding FASB ASC 740.