June 22, 2018

In-Person

Spectrum Beach Club
925 Beach Club Trl, Gulf Shores, Baldwin County, Alabama 36542-8142

4 CPE

Mastering Accounting for Income Taxes

June 22, 2018
In-Person
4 CPE

Mastering Accounting for Income Taxes

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    Instructor

    Greg
    Clark

    View Bio

    Greg Clark, CPA, CISA, CFE

    Bio
    GREGORY M. CLARK CPA, CISA, CFE
    (Licensed as a CPA in Georgia)

    Gregory M. Clark CPA, CISA, CFE, is a Principal with the Business Compliance & Controls Group (BCCG) a firm specializing in technical audit and accounting consulting, employee benefit plans, internal controls consulting and training, corporate compliance plans, assessments, training and auditing, forensic financial investigations and audit technology integration. With more than twenty-five years experience in the audit and business compliance field, Greg has participated in all aspects of audit and financial management, including business risk assessments, internal control assessments and design, fraud investigations, corporate governance and compliance, data retention management, contract compliance, financial planning, due diligence, internal audit and external audit.

    Greg is an internationally known speaker on the topics of internal controls, employee benefit plans, corporate compliance, data retention management, integrated auditing, internal auditing, internal control self assessment, organizational risk assessments and various other audit related topics. Greg has worked with numerous Fortune 500 entities, more than 40 different state CPA societies and with numerous CPA firms, groups and companies from throughout the world.

    Previously, Greg was the Industry Practice Leader for Compliance Services for an international forensic financial investigations firm. Greg has also served as the Director of Financial Planning and Internal Audit for a regional integrated healthcare delivery system and as the First Vice President and Assistant Chief Financial Officer of a publicly traded financial institution. Greg began his career with a national accounting firm in the assurance division and worked with a variety of industry groups and was an Associate Audit Partner with a regional accounting firm.

    Greg is a member of the Georgia Society of Certified Public Accountants and the American Institute of Certified Public Accountants. Greg has been recognized as a past Georgia CPA Society workshop leader of the year, currently chairs the Georgia CPA Society CPE Committee and is a member of the GSCPA Healthcare Committee. Greg is the Past President and chairman of the Association of Healthcare Internal Auditors (AHIA) and recipient of the 1999 AHIA Founders Award.
Since its inception nearly 25 years ago, many have continued to struggle with applying the current model for accounting for income taxes. But this doesn't have to be you. This course will provide you with the basic knowledge necessary to understand the complexities of this challenging topic. Through discussions and use of exercises, this course will analyze the authoritative literature to provide a thorough understanding of such topics as deferred taxes, income tax expense, uncertain tax positions and other classification and disclosure requirements. We'll also explore the changes on the horizon to accounting for income taxes.

Learning Objectives

  • Identify and calculate the deferred tax asset or liability for an entity
  • Determine when and how to report uncertain tax positions
  • Calculate and report the components of income tax expense
  • Develop appropriate disclosures
  • Comprehend recent and proposed changes to accounting guidance for income taxes

Major Topics

  • The sources of deferred tax assets and liabilities
  • Calculating the deferred tax asset or liability
  • Reporting income-tax expense and balance sheet items
  • Defining, analyzing, and reporting uncertain tax positions
  • Classification of deferred tax assets and liabilities
  • Disclosure requirements
  • Recent and proposed changes to the accounting and disclosure requirements for income taxes

CPE Credits Available

4 CPE
4
Accounting & Auditing

Spectrum Beach Club

925 Beach Club Trl, Gulf Shores, Baldwin County, Alabama 36542-8142

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Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • A & A

Prerequisites

Experience in financial accounting and reporting

Advanced Preparation

None

Intended Audience

Practicing CPAs and their staffs, both in public accounting and business and industry -- controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review

Provider

Surgent McCoy CPE

This event has ended.