Download or read book Accounting for Income Taxes written by Amy Dunbar and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ... provides a comprehensive analysis of FASB interpretation no. 48, Accounting for uncertainty in income tax position--an interpretation of FASB statement no. 109, which addresses the accounting for uncertainty in income taxes recognized in a company's financial statements in accordance with FASB statement no. 109, Accounting for income taxes.
Download or read book Accounting for Income Taxes written by Amy Dunbar and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ...Analyzes issues that arise due to FASB interpretation no. 48, Accounting for uncertainty in income tax positions--an interpretation of FASB statement no. 109, which addresses the accounting for uncertainty in income taxes recognized in a company's financial statements in accordance with FASB statement no. 109, Accounting for Income Taxes.
Download or read book Analysis of FIN 48 written by Christopher Barton and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Implementing FIN 48 written by Fred F. Murray and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Uncertainty in Income Taxes written by Financial Accounting Standards Board and published by . This book was released on 2006 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Much Uncertainty About Uncertain Tax Positions written by Robert Probasco and published by . This book was released on 2017 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Internal Revenue Service (IRS) announced in January 2010 a new initiative to require certain businesses to report “uncertain tax positions” on a new schedule filed with their annual tax returns. Draft schedules and instructions issued in April 2010 clarified some of the mechanical aspects of the new requirement but left many open issues and questions. The IRS proposal built on requirements by the Financial Accounting Standards Board (FASB) in FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). The standard requires companies, in their financial statements, to reserve some of the benefits from any position taken on their tax returns unless it is more likely than not that the IRS would fully concede the issue prior to litigation if it arose during an audit.The article describes the proposals and then discusses concerns and open issues. The most significant concerns include that, as a practical matter, information asymmetry may result in overly aggressive positions taken by the IRS and the IRS may not have the administrative capacity to use the additional information properly. The proposal also raises concerns about privilege and waiver, particularly with respect to the work-product doctrine and tax accrual workpapers.
Download or read book Cch Accounting for Income Taxes 2009 Edition written by Richard Petersen and published by CCH. This book was released on 2008 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: CCH Accounting for Income Taxes provides guidance on the application of FASB Statement No. 109, Accounting for Income Taxes, as amended. It also provides interpretations of the various amendments to Statement 109 since 1992, including the guidance contained in FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes an Interpretation of FASB Statement No. 109, which was issued by the FASB in July of 2006.
Download or read book Accounting for Uncertainty in Income Taxes written by Financial Accounting Standards Board and published by . This book was released on 2006 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book PPC Tax Planning Guide Closely Held Corporations written by Albert L. Grasso and published by . This book was released on 1993-08-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Income Taxes topic 740 written by and published by . This book was released on 2009 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Accounting written by A.J. Bakker and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Did FIN 48 Improve Comparability in the Financial Reporting of Income Taxes written by John D. Phillips and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates whether Financial Accounting Standards Board Interpretation No. 48 (FIN 48), Accounting for Uncertainty in Income Taxes, improved comparability in the financial reporting of income tax expense. This research is important because it provides evidence on whether the standard improved comparability in accounting for income taxes. It also provides evidence useful to market participants in evaluating the decision usefulness of reported tax information. We use a comparability measure developed by De Franco et al. (2011) and, by definition, compute the comparability of income tax expense as the difference in comparability between pre-tax and after-tax income. We find that FIN 48 improved the comparability of income tax expense for more tax aggressive firms and firms that managed earnings prior to the issuance of FIN 48. This evidence is consistent with improved consistency in the measurement and recognition of uncertain tax benefits under FIN 48 leading to an improvement in income tax expense comparability for firms most likely to have greater uncertain tax positions and for firms that used the tax reserve to opportunistically manage earnings.
Download or read book An Analysis of FASB Interpretation No 48 Accounting for Uncertainty in Income Taxes written by Jessica R. Valek and published by . This book was released on 2007 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book CCH Accounting for Income Taxes written by Richard Petersen and published by BRUCE BOWMAN. This book was released on 2007-06 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: CCH Accounting for Income Taxes provides guidance on the application of FASB Statement No. 109, Accounting for Income Taxes, as amended. It also provides interpretations of the various amendments to Statement 109 since 1992, including the guidance contained in FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes?an Interpretation of FASB Statement No. 109, which was issued by the FASB in July of 2006.
Download or read book Tax Accounting written by A.J. Bakker and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Accounting Standards Board Fin 48 written by Thomson Reuters and published by . This book was released on 2010 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fin 48 Answer Book 2009 Edition written by Mark L. Friedlich and published by CCH. This book was released on 2008-08 with total page 974 pages. Available in PDF, EPUB and Kindle. Book excerpt: FIN 48 Answer Book is designed to for practitioners who need quick and authoritative answers to questions concerning the implementation of FIN 48. This book uses simple straightforward language to provide guidance on consistent accounting practices and criteria for enterprises reporting tax benefits from uncertain tax positions. The question-and-answer format, with its breadth of coverage, effectively conveys the complex subject matter of implementing and applying FIN 48.
