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Accounting for Company Generated Tax Credits   

1

Total CPE
Tuition
$60.00
Approximate Length
01:00:00
Course Number
23-WB-112-WC
1

Total CPE
Tuition
$60.00
Approximate Length
01:00:00
Course Number
23-WB-112-WC

Course Details

In this course, KPMG professionals discuss the accounting for tax credits generated by a company through participation in qualifying activities or ownership of qualifying property. Topics include:

  • refundable tax credits
  • transferable tax credits
  • nonrefundable, nontransferable tax credits.

By the end of this course, participants should be able to:

  • recall the accounting for tax credits generated through an entity's participation in activities or ownership of qualifying property.

Note: This course is based on a live webcast that took place on June 8, 2023. It references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Refundable Tax Credits, Transferable Tax Credits, Nonrefundable Tax Credits, Nontransferable Tax Credits, Income Taxes, ASU 2023-02, ASC 740, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is mobile-compatible.

Pre-requisites: There are no pre-requisites for this course.


Level of Knowledge: Intermediate
Field of Study: Accounting – 1
Delivery Method: Web Based Self Study

In this course, KPMG professionals discuss the accounting for tax credits generated by a company through participation in qualifying activities or ownership of qualifying property. Topics include:

  • refundable tax credits
  • transferable tax credits
  • nonrefundable, nontransferable tax credits.

By the end of this course, participants should be able to:

  • recall the accounting for tax credits generated through an entity's participation in activities or ownership of qualifying property.

Note: This course is based on a live webcast that took place on June 8, 2023. It references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Refundable Tax Credits, Transferable Tax Credits, Nonrefundable Tax Credits, Nontransferable Tax Credits, Income Taxes, ASU 2023-02, ASC 740, Accounting

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is mobile-compatible.

Pre-requisites: There are no pre-requisites for this course.


Level of Knowledge: Intermediate
Field of Study: Accounting – 1
Delivery Method: Web Based Self Study
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