25 - 27 May 2020Tax Accounting, Reporting and Control
- Tax Accounting, Reporting and Control
Overview and learning objectives
This intermediate-level course provides participants with an in-depth understanding of tax accounting and gives a practical overview of challenging issues in tax reporting and tax risk management as part of the internal control process. The purpose of this course is to help practitioners identify, understand and address tax risks related to financial reporting in the post-BEPS era.
In response to public attention to corporate tax avoidance, tax authorities nowadays take a tougher look at the tax position of companies and implement more rules and reporting requirements. Given the fact that accounting standards keep evolving, changes in tax rules and their combined effects on accounting treatments are making tax practice more and more complex and challenging. Good examples can be seen in disputes on the identification and measurement of uncertain tax positions and in the newly adopted country-by-country reporting in the context of BEPS. Largely, such new developments seek to address the strong public demand for a credible explanation of corporate tax accounts and require more tax disclosure to the public. It is therefore critical for tax professionals not only to have the most up-to-date technical knowledge of tax accounting and reporting, but also to manage tax risk with structured tax data and internal control systems.
After following this course, participants will be able to:
- Apply up-to-date and in-depth technical knowledge of tax accounting under IFRS and US GAAP.
- Appreciate the most challenging areas, such as uncertain tax positions and deferred taxes and their relevant tax treatment and disclosure requirements.
- Associate risk factors in tax accounting with tax risk management and internal control systems.
- Identify pragmatic approaches in tax data management.
This is an interactive course with a maximum of 32 participants. Participants will have access to relevant online collections on the IBFD Tax Research Platform for a period of two weeks. Presentations will be made available in electronic format.
Field of study
Who should participate
The course is suitable for (tax) accountants, practitioners in tax advisory firms and tax specialists in commerce and industry.
Course level and prerequisites
This is an intermediate-level course and prior experience of tax accounting is desirable. Participants are expected to have a good understanding of IFRS accounting standards (and/or US GAAP) and need to be familiar with the principles of international taxation.
Interactive course - "Group Live"
To safeguard the interactive nature of the course, including group discussions and case studies, a maximum of 32 participants will be accepted. Early registration is therefore recommended.
We invite you to send us in advance any technical, content-related questions you may have. During the course we will try to address your specific questions, but please note that this will depend on the amount of time available, the relevance of the questions and the order in which the questions are received.
Should you have a question, please send it to firstname.lastname@example.org.
Disclaimer: The information provided during the course has been prepared solely for the instruction of course participants. This information is not intended to constitute advice on any particular matter.
Continuing Professional Education
Recommended NASBA CPE points for this course: 20.5 (in accordance with the standards of the National Registry of CPE points, CPE credits are granted based on a 50-minute hour). Read more information on CPE points and accreditation for IBFD International Tax Courses.
Course fee and registration details
The course fee covers participation in the course, all course materials, lunch, coffee/tea and refreshments. The costs of accommodation and transport are not covered. If you have any other questions regarding attendance of the course, travel arrangements, payments and cancellations, please consult our FAQ.
- Setting the scene
- Current and deferred taxes
- Tax exposures
- Tax exposures and transfer pricing
- Enhanced tax reporting beyond mandatory disclosure
- Outside basis differences
- Business combination
- Interim reporting
- Tax data management and risk control
- Case studies