Deferred Taxes

How to Register: Contact Amy Arra at aarra@pwrplan.com or (770) 937-3028.

When:   March 22-23, 2012 (9:00 am Mar. 22– 12:30 pm Mar. 23)

Where:  PowerPlan Training Center (Atlanta Office) Atlanta, Georgia

Registration Fee: $900

CPE Credit: 12 Hours (6 hours in Tax; 6 hours in the Accounting Field of Study)

Intended Audience: 
Essential for any company that wants assurance their deferred taxes are on a solid footing, does a full allocation of book depreciation and book activity in calculating deferred taxes, or just wants their staff to have a fundamental understanding of deferred income taxes.  Assumes familiarity with deferred taxes and/or PowerTax. Focus is on regulated entities.  This is particularly important now with the build up of deferred taxes because of bonuses, unit of property repairs, mixed service costs, and the like. 

Description: 
An intensive study of deferred tax theory, functionality in PowerTax, and detail steps and procedures.  A workbook is included. 

Topics include:

• Deferred Tax Background
  • APB11, FAS109, Normalization Regulations
• Book Depreciation Background and Analysis
• Allocation of Book Depreciation:
  • Method
  • Vintage/Basis
  • Depreciation/Salvage/COR/Other
  • Retirements
  • Mechanics
• Book to Tax Reconciliation Prerequisites
• Accurate FAS 109 Analysis and Regulatory Offsets
• Special Deferred Tax and FIN 48 Considerations
• Reviewing Results
• Processing and Control Tips

Instructors:  Rob Yankovich and Jennifer Butts