FASB ASC 740, Income Taxes: Disclosure requirements
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
Abstract yellow image
Resources

FASB ASC 740, Income Taxes: Disclosure requirements

Oct 18, 2022 · 335.6 KB Download

Resource

available

We continue our reporting on Matters for Further Consideration (MFC) in peer review with our look at the MFCs for 2021 peer reviews pertaining to income taxes. Specifically, we noted an above-average number of MFCs related to income tax disclosures. Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 740-10-50, Income Taxes—Overall—Disclosure, is the source of guidance on the disclosures related to income taxes in the financial statements of all entities. This report lists common deficiencies identified in peer review, provides the related U.S. GAAP disclosure requirements, and provides illustrative disclosures.

Download the CPEA report: FASB ASC 740, Income Taxes - disclosure requirements

File name: cpea-september-2022-report-asc-740-disclosures-rm.pdf

What did you think of this?

Every bit of feedback you provide will help us improve your experience

What did you think of this?

Every bit of feedback you provide will help us improve your experience

Related content