Date & Time
Wednesday, November 8, 2023, 1:00 PM - 4:45 PM
Accounting for Income Taxes Workshop

Another year is behind us with continued changes in tax legislation, accounting guidance, and SEC oversight. Join your KPMG instructors who will once again provide a refresher on selective common areas of accounting for income tax considerations impacted by the ever evolving legislative and regulatory environment. The session will explore the tax accounting impact of recent tax developments such as the Inflation Reduction Act, the CHIPS and Science Act, and GloBE/Pillar 2.  In addition, the group will do a deep dive into the GAAP rules for interim tax provisions, and the tax adjustments and related calculations under the Basel III regulatory capital rules.   The session will close out with a quick recap of ASU 2023-02 (which expands the population of investments for which an investor may elect to apply the proportional amortization method), proposed ASU on Improvements to Income Tax Disclosures, and a review of recent SEC Comments Letters on tax issues.

*additional fee required.

Mike George Sarah Gleason Joyce Liu Tony Welburn