Wiley GAAP: Financial Statement Disclosure Manual

46ASC 740 INCOME TAXES

1. Authoritative Literature
   1. Accounting Theory—A Balance Sheet Approach
   2. Technical Alert
      1. Guidance
   3. Subtopics
   4. Scope and Scope Exceptions
   5. Recognition
      1. Basic Recognition Threshold
   6. Tax Law Changes
   7. ASC 740‐20, Intraperiod Income Tax Allocation
   8. ASC 730, Other Consideration or Special Areas
      1. Undistributed Earnings of a Subsidiary
      2. Undistributed Earnings of an Investee
2. Practice Alert
3. Presentation and Disclosure Requirements
   1. 1. Balance Sheet
      2. Income Statement—Classification of Interest and Penalties
   2. Disclosures
      1. Statement of Financial Position
      2. Income Statement
      3. Income Tax Expense Compared to Statutory Expectations
      4. Unrecognized Tax Benefit–Related Disclosures
      5. Policy‐Related Disclosures
4. Presentation and Disclosure Examples
   1. Example 46.1: Accounting Policy for Income Taxes
   2. Example 46.2: Accounting Policy for Income Taxes, Including Policy on Deferred Tax Assets
   3. Example 46.3: Provision for Income Taxes
   4. Example 46.4: Reconciliation of Federal Income Tax Rate to Effective Tax Rate
   5. Example 46.5: Tax Legislation
   6. Example 46.6: Schedule of Temporary Differences
   7. Example 46.7: Schedule of Net Operating Loss Carryforwards
   8. Example 46.8: Deferred Income Tax Assets Valuation Allowance
   9. Example 46.9: Reconciliations of Beginning and Ending Balances of Unrecognized Tax Benefits
   10. Example 46.10: Statute of Limitations and Its Effect on Tax Benefits
   11. Example 46.11: Tax Examinations
   12. Example 46.12: Effective Tax Rate
   13. Example 46.13: Financial Statement Presentation of Discontinued ...