BUS-A 527 Taxes and Financial Statements

• 7 weeks
• 1.5 credits
• Prerequisite(s): BUS-A540

Accounting for income taxes under Financial Accounting Standard #109. Topics include ‘book vs. tax’ accounting differences, financial accounting rules for determining tax provisions, and disclosure requirements, as well as advanced issues such as business combinations, reorganizations and spin-offs, intraperiod and intercompany allocations, foreign and state implications, net operating loss carryforwards and the impact of tax planning.