SOC for service organizations examinations can be effectively performed with this foundational knowledge covering system and organization control reporting guidance and common practice issues.
Learning Objectives
- Learning Outcomes
- Recall the objectives and key terms of FASB ASC 740, *Income Taxes*.
- Identify the entities and tax types that fall within and outside the scope of FASB ASC 740.
- Distinguish between permanent and temporary book-tax differences.
- Identify the basic model for recognition and measurement of deferred taxes.
- Identify the steps involved in the tax provision calculation for SALT jurisdictions.
