TPOS
TAX POSITIONS: AN INTEGRATED APPROACH TO ETHICAL, INDEPENDENCE, AND FINANCIAL REPORTING ISSUES
This course provides the CPA with an in-depth understanding of the ethical, independence, and financial reporting issues associated with uncertain tax positions.
Major topics include:
- Background: KPMG & the abusive tax shelter issue
- What is a tax position?
- SEC and regulatory Background
- AICPA standards on tax services - SSTS
- PCAOB rules on independence and tax positions
- IRS Rule 230 and tax positions
- Fin No. 48 overview
- Recognition and measurement issues
- Disclosure requirements
DESIGNED FOR: Accountants in public practice and industry, as well as tax professionals, who need to understand the interrelated tax, ethics, and reporting dimensions of recently enacted changes in the ‘tax position’ area.
Level of knowledge: Intermediate
Field of study: Accounting |
