Fin 48 Answer, Book 2009
FIN 48 Answer Book is designed to for practitioners who need quick and authoritative answers to questions concerning the implementation of FIN 48. This book uses simple straightforward language to provide guidance on consistent accounting practices and criteria for enterprises reporting tax benefits from uncertain tax positions. The question-and-answer format, with its breadth of coverage, effectively conveys the complex subject matter of implementing and applying FIN 48.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Determining the Unit of Account
Financial Statement Classification
2007 Period End Accounting for Uncertainty accrued interest adopted FIN 48 adoption of FIN amount of unrecognized audit classified Company recognized Company's Complying with FIN CONSOLIDATED FINANCIAL STATEMENTS December 15 December 31 decrease deferred tax assets derecognition determination disclosure documentation effective tax rate enterprise evaluate FASB Interpretation FASB Statement impact income tax expense income tax returns increase interest and penalties interest expense interim periods Internal Revenue Service interpretation of FASB January liability for unrecognized meet the more-likely-than-not million more-likely-than-not recognition threshold N/A Additional resources N/A Q NOTES TO CONSOLIDATED penalties related provisions of FIN reasonably possible recognition and measurement recognize interest reduction related to unrecognized result retained earnings Sample Annual Sample Interim September 30 settlement statute of limitations taken or expected tax jurisdictions tax positions taken taxing authority taxpayer transfer pricing U.S. federal uncertain tax positions Uncertainty in Income unit of account unrecognized tax benefits Workflow Plan