Our offices will be closed Monday, May 28th, in observance of Memorial Day. Technical Support will be available via email at ​kfeducation@kaplan.com during business hours. We look forward to serving you when we return Tuesday, May 29th. 

Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Accounting for Income Taxes (AIT2)

2-Hour Program (Great industry course)

WHY ATTEND THIS COURSE?

The requirements of U.S. GAAP can be overwhelming for professionals responsible for the preparation of financial statements. ASC 740, Income Taxes, provides guidance on how to account for income taxes. This program presents the latest guidance on implementation of the standard, including examples and the effects of the Tax Cuts and Jobs Act of 2017.

DESIGNED FOR...

CPAs preparing financial statements that include income tax presentation. This course provides answers to some of the more complicated accounting issues related to the topic.

OBJECTIVE

Participants will be able to:

  • Calculate income tax expense
  • Calculate deferred taxes
  • Adjust tax expenses based on newly effective rates and laws
  • Properly present taxes on the balance sheet and income statement

MAJOR SUBJECTS

  • Temporary versus timing differences
  • Valuation allowance—recognition and measurement
  • Accounting for uncertainty in income taxes
  • Illustrative examples and questions for discussion

COURSE ACRONYM: AIT2

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting

RECOMMENDEDCPE CREDIT: 2 hours


NOTE: This course is available as an 8-hour, 4-hour, and 2-hour program:

• GAAP for the CPA (GAAPC)
• Accounting for Income Taxes (AIT2)


CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.