I need help with asc740-10

like
Posting as :
works at
You are currently posting as works at

Don't we all

funnylike

What kind of help? PWC’s Income Tax Accounting Guide is a great resource!

likesmart

What are you looking for??

ChatGPT

like

Second this

talk to someone that can help you

like

Have you met “Tax Senior” on here?

I have not

Can help you with automation

All of the big 4 have guides on accounting for income taxes. I’m not sure which journal entry examples you’re looking for. I’m assuming that you’re looking for uncertain tax positions since you mentioned ASC 740-10? Generally the two sides of the entry are a balance sheet account (usually either a specific UTP account or current taxes payable/receivable) and current tax expense/benefit. If the reserve is paid out to the taxing authority then you debit the payable account and credit cash.

Also your firm should have trainings available for this or if you aren’t at a firm, then Becker and others offer online courses on ASC 740

Related Posts

Here for the summer and looking to meet people. Does anyone know of any great volunteer opps in Boulder?

like

Can anyone please help me with a referral in JP Morgan.i have the job id.Thanks in advance

Great India clearly supported Russia by abstaining on UNSC bill that condemns Russia.
Now India should not expect any support from the UN or the Quad if it is cornered by China eventually.
Also it my make the west ponder over any more FDI in India and they might also cut the existing trade ties and MOUs inevitably affecting the jobs.
Well done Government 👏
PS: Russia didn't supported India when China invaved in Galwan

like

How did you come about choosing the field of engineering you are in?

like

Is reaching out on Linkedin the best way to contact a recruiter, or should I look for their professional email?

like

Has anyone been to the IFS “Leadership Milestone Experience”? How is it? Worth attending?

What all designations in Cognizant? Could someone please help to understand by mentioning in ascending order?

like

Hi fishes,
Does Cognizant has any portal where we can check our selection status?

like

Hi All,
How do I get get/select project after joining
Cognizant as a pool resourse. That is the processes they follow for onboarding to a project.Cognizant

like

Bench time = ski time. Ready to get some true Slalom time in today

like

Anyone wear baccarat rouge?

like

How is Genpact Credit Risk Modelling team? Is it worth joining??

like

Does anyone have feedback on working for Mercer Advisors? I see a few positions in the Rockwall/ Dallas area that intrigue me. I’ve read Glassdoor reviews- was looking for more in-depth info.
I have my SIE, Series 6 and Series 63.
What is the work culture like, PTO, management style? Thanks!

like

Hi all

My joining will be on 19th Dec for Bangalore location Prestige Trade Tower. I'm looking for guys who need room partner. I'm ready to spend 10-15k for sharing in a rented apartment/house.

Please let me as soon as possible. Thanks

I can still opt for Pune location if somebody living in Pune.

like

Fishes,

Does anyone know about the IAAP diploma in IFRS?

IAAP is an awarding body in UK.

My doubt is, does the value of the certificate of IFRS change depending on the Institution?

Will a person who cleared IFRS from IAAP have same value as a person who cleared IFRS from ACCA?

Thanks in advance

like

Dear fishes, I am having a PwC managerial round. What type of questions should I expect ? YOE : 3, Tech : SAP PP QM

PwC

like

Anyone hear of positive things from the Siegfried Group? Their recruiters have been relentless and want me to join. The pay is good, but I’ve heard some bad things about working there.

like

Is technical accounting lucrative? Trying to decide between various exit paths.... any cons?

like

Are we absolutely unable to get a pump that is not the Limerick one?

Additional Posts in Accounting

Anyone have any good book recommendations around building passive income sources/building wealth?

like

I was assigned a task that would take 6 hours, I did it in 3 including self review. What now?

like

I always bill 100% of my time and for my entire career in public accounting I have never heard anything negative until recently.. I was told to watch my time as the client doesn’t like to pay these fees, and the partner is unhappy because it looks like I have high hours. Is the message that I should eat my time? Or is it that They think I’m inefficient?

likefunny

Does your coach see when you get a real time recognition award?

like

What is the best phone for Deloitte apps?

Does anyone have any good books or podcasts about how to develop leadership/ managing skills?

like

Any international transfer suffering from ACCA?

like

Thinking having a 24’ HD and a 28’ 4K monitor setup. Is 4K for excel not necessary? How about 28’ monitors?

like

What’s the deal with work phones at KPMG? Coming from Deloitte where work phones are given.

likehelpful

Does anyone else make small mistakes here and there because this job makes you anxious? I feel like I triple check everything and still get pings from my manager that I missed something

likefunny

Any ACCA students register for an exam using the new website? No combo of dates or locations ever works under 'Add Exam'.

like

When is the best time to leave and go to another big4? I am at PwC and I knew the reputation they had and Some people said It may not be for me because of it. Ive been here a year and I feel as there right. My busy season is starting and I want to leave (not just because of my team) but as some of you may know getting along with the people you work with is a big part of wanting to stay at your job. I want to try to quit end of December and hoping to start a new position February.

like

me and other associates when noticing all working papers been reviewed within 10 mins ✅

Post Photo
likefunny

Anyone know what percentage of raise to expect from SC to M at Deloitte? Wondering if it’s worth getting hopes up?

like

Anyone work for Schellman in the NY metro area. Want to know what’s it’s like in terms of work load, client base and travel. Thanks!

like

If you have 4 days PTO, would you rather use it together in one week or take 1day off for 4 weeks ?

like

I resigned yesterday evening.. today morning conversation with counselor and People Consultant went very cold... anyways piece out..

like

common staff one mistakes?

like

Found that pwc reimburses Becker for CPA review course but I used Roger. Will i still get reimbursed?

like

There's a ton of self help and leadership books out there to help people in their careers. If there was one that was written front the lense of a public accounting, would you read it?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal