Financial Reporting Developments & Tax Implications

Presented by Pam Henry, Director – Denver Finance and Accounting Operations at Experis US, Inc.

The presentation is designed to provide Accounting and Tax professionals with a basic understanding of the new financial reporting developments for ASC 842 – Leases and ASC 606 – Revenue from Contracts with Customers. Application of the new revenue recognition standard to examples will highlight potential tax implications. The tax discussion will focus on federal income taxes covering permissible methods, impermissible methods, filings for changes in tax methods, and Schedule M – Book to Tax differences. Attendees will learn the implications of the new revenue standard and how it impacts financial statements as well as income tax reporting and the potential tax implications.

Basic accounting knowledge as well as intermediate income tax knowledge is recommended to fully understand concepts covered in this course.

This course qualifies for 2.0 hours of CPE in the Tax Accounting field of study and 2.0 hours of CLE. It will be delivered in a live group method on November 29, 2016, from 1:10 to 2:50 pm in the Nautilus Ballroom of the Denver Aquarium on 700 Water Street, Denver, Colorado.

This course is designed to comply with Colorado State Board of Accountancy and NASBA CPE and Colorado CLE standards. Participants are encouraged to confirm eligibility compliance with their jurisdiction. Refunds will be issued if the event is cancelled by FTL or for cancellations received before November 21, 2016. Questions, concerns, and complaints may be submitted to Info@FutureTaxLeaders.org.

To register to attend, click here. This program is $135 for FTL members and their guests, government employees, and students and $185 for non-FTL members.