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, regulatory, and economic environment for Banking.

The session will discuss potential tax accounting impacts of recent developments and transactions impacting the banking industry, including topics such as CAMT and Pillar 2; explore the accounting treatment for tax credits under US GAAP as well as an array of policy choices, which can be quite different depending on their nature and characteristics of the tax credit investments; provide an update on ASU 2023-09, which enhances annual income tax disclosures; and conclude with a review of recent SEC Comments Letters on tax issues.

*additional fee required

Supported by: KPMG