ASU 2023-09 & ASC 740: New Income Tax Disclosures, Rate Reconciliation and Income Taxes Paid Guidelines
Note: CLE credit is not offered on this program
A live 110-minute CPE video webinar with interactive Q&A
This webinar will address the recent Accounting Standards Update, ASU 2023-09. Our panel of accounting and assurance veterans will explain the new income tax disclosure requirements and provide comprehensive examples using real world scenarios of its application.
Outline
- Understanding ASU 2023-09
- Effective dates for public and private companies
- Calculating and presenting the income tax rate reconciliation
- Calculating and presenting the income taxes paid by jurisdiction
- Transition considerations from prior guidance
- Real world scenarios
- Avoiding common pitfalls
Benefits
The panel will cover these and other critical issues:
- How ASU 2023-09 enhances the income tax footnote
- How does the new ASU compare to FASB's historical push to simplify disclosures subject to ASC 740?
- What private companies should be doing now to prepare
- Using qualitative disclosures to enhance tabular schedules with quantitative disclosures
Faculty
Ryan Babiak, CPA, MST
Partner
Anchin Accountants and Advisors
Mr. Babiak, CPA, MST, is a Tax Partner and member of the firm’s Professional Services and Technology Groups. He... | Read More
Mr. Babiak, CPA, MST, is a Tax Partner and member of the firm’s Professional Services and Technology Groups. He brings more than 15 years of experience in public accounting to the firm. Mr. Babiak specializes in strategic tax planning, tax compliance, and state and local tax matters for entrepreneurial, venture capital and private equity-backed businesses ranging from start-ups to growing and established technology companies. He works closely with founders, advising them on tax strategies and complex equity and debt considerations. In addition, Mr. Babiak specializes in working with blockchain and digital assets, SaaS, e-commerce, and consumer product companies.
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Laura LaPorte, CPA
Partner, National Corporate Tax
Plante & Moran
Ms. LaPorte is the the director of tax for the Macomb office, she is responsible for the overall coordination... | Read More
Ms. LaPorte is the the director of tax for the Macomb office, she is responsible for the overall coordination and delivery of tax services. She also provide advice to business leaders on a wide range of tax and business matters. Ms. LaPorte is a key member of the income tax provision and corporate tax leadership team, she offers guidance to clients and internal staff on the tax implications for financial statements. Her clients are primarily in the manufacturing and distribution and service industries with tax compliance, they are mostly private and public companies with revenues ranging from $12 to $800 million.
CloseEarly Discount (through 04/25/25)
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event.
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NASBA details.
Cannot Attend May 22?
Early Discount (through 04/25/25)
CPE credit is not available on downloads.
CPE On-Demand
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