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Our guide reflects recent developments in US GAAP including tax reform
Areas of US tax reform that may impact quarterly financial reporting
Accounting for income taxes is a perpetual hot topic in the U.S., posing many challenges for preparers, users and auditors, particularly in the wake of tax reform.
Among those challenges are:
The ever-changing landscape of income tax law requires analysis on a continuous basis across multiple jurisdictions. In addition to being complex, the relevant accounting standards contain many nuances, and applying the standards oftentimes involves significant judgments.
US tax reform is a reality. Find out how it impacts the indefinite reinvestment assertion.
Learn more about tax reform changes for executive compensation and impact on other compensation and benefits.