New audit staff members can learn what to expect on the job regarding roles and responsibilities, behavior expectations, handling clients, common issues, and general tips for success.
Learning Objectives
- Learning Outcomes
- Identify the objectives and scope of FASB Accounting Standards Codification (ASC) 740, *Income Taxes*.
- Determine key considerations regarding temporary differences between the tax basis of an asset or liability and the reported amount.
- Apply the requirements for measuring deferred tax assets and liabilities under FASB ASC 740.
- Identify the auditing considerations regarding FASB ASC 740.
