Recognizing Valuation Allowances for Deferred Tax Assets

Under ASC 740, a company must reduce the value of deferred tax assets if it is more likely than not that those deferred tax assets are not expected to be realized in the future. ASC 740 contains specific instructions on how to determine whether valuations allowances are required, and how much should be recognized. Led by Tax Provision Director, Gary Kell, Exactera’s Tax Thursday Webinar, “Recognizing Valuation Allowances for Deferred Tax Assets” will delve into the world of valuation allowances, touch on the complex calculations, discuss the effects on the financial statements and tax footnote, and share what to expect from stakeholders —both internal and external—when dealing with a valuation allowance. Earn one CPE credit for participating in this session.

**This CPE-eligible session was previously offered within the past year by Exactera. Participants who have attended the same course will not be eligible to submit CPE credits more than once.