• Our Accounting for Income Taxes – ASC 740 group is a distinct specialty practice within the Tax Services Group.

    Our large corporate tax group assists with ASC 740 related projects and we can help with problems such as:

    Lacking integration of tax accounting and reporting into the finance function
    The emergence of new reporting considerations such as Uncertain Tax Positions (UTP)
    The strain of managing the increasing tax accounting and reporting burdens and more.
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Accounting for Income Taxes – ASC 740

  • Our Large Corporate Tax group  can assist with the following ASC 740 related projects:

    • Deferred tax validation projects
    • Tax basis balance sheet support
    • Remediation and restatement assistance
    • Financial statement carve-out support
    • Uncertain tax position (ASC 740-10) consulting
    • Tax provision software implementation (OneSource Tax Provision)
    • Tax provision review services.
    • Issue-specific tax accounting consulting, including:
      • valuation allowance assessments
      • business combinations (purchase accounting)
      • intraperiod allocations
      • FAS 123(R) - APIC pool tracking, and accounting for stock-based compensation

    We can help you address problems you may be experiencing such as:

    • Lacking integration of tax accounting and reporting into the finance function
    • The emergence of new reporting considerations such as Uncertain Tax Positions (UTP) or the globalization of International Financial Reporting Standards
    • Lacking skilled tax accounting resources, in the U.S. as well as overseas, to help them meet today's tax accounting and reporting challenges
    • The strain of managing the increasing tax accounting and reporting burden has resulted in decreased employee morale and/or increased employee turnover

    Benefits include:

    • Better control over your tax accounting function
    • Reduced risk through improved controls and documentation
    • Increased collaboration within tax, as well as with the finance function and business units
    • Improved processes and efficiency through expanding the integration of your tax compliance and accounting functions
    • Gain better control over your company's tax accounting function
    • More time to focus on more strategic aspects of your business
    • Minimize potential review comments by your external auditor on accounting for income tax matters
    • More timely financial statement closings 
EisnerAmper is an independent member of PKF North America.
PKF North America is an independent member of PKF International.