Publications

Guide to accounting for income taxes: 2009 edition
PricewaterhouseCoopers is pleased to offer this comprehensive guide on the accounting for income taxes. It is intended to assist you in interpreting the accounting standards in this complex area of accounting by bringing together all of the key guidance into one publication, providing several comprehensive examples to help navigate the guidance, and offering our own perspective throughout, based on both analysis of the guidance and experience in applying it.

The 2009 edition of the guide contains updated material incorporating authoritative standards and interpretive guidance issued through April 30, 2009, along with PwC's current interpretations and guidance on applying U.S. GAAP. It also reflects the new FASB Accounting Standards Codification. A summary of noteworthy revisions, which describes the more significant changes made since the November 2008 update of the guide, is located in appendix B.

Goodwill impairment testing: Tax considerations
Numerous tax law and tax accounting considerations can impact whether there is an impairment of goodwill as well as the amount of impairment. This paper discusses five primary tax focal points, beginning at the outset of step 1 with the determination of the fair value of the reporting unit.

Understanding financial reporting for green and stimulus incentives
This PwC paper outlines financial reporting implications that occur when taking advantage of green energy tax incentives.

Debt restructurings and bankruptcy: Accounting, tax and FAS 109 considerations
This paper provides an overview of bank restructuring transactions and events from both a financial reporting and income tax perspective.

A comparison of FIN 48 and the tax penalty standard

Determining uncertain tax positions under FIN 48 for operations in Mexico

Lifting the fog: Accounting for uncertainty in income taxes

Thinking beyond uncertain tax positions

Seven principles to consider when preparing a tax provision for subsidiary or carve-out financial statements
While not all-inclusive, this paper explains several key principles, which, if kept in mind, will enable preparers to manage a carve-out tax provision process more smoothly.

Fair value accounting: Tax considerations
This paper highlights the significance of the movement toward fair value accounting to those responsible for company tax matters. It addresses the trend from the perspective of each of several diverse areas in which tax matters intersect with fair value measurement.