SFAS 109 : Accounting for Income
Taxes
For many companies, compliance with the
requirements of FAS 109 is a troublesome and difficult task
especially with the stricter rules of auditor independence.
Given the increased scrutiny on creating transparency for
financial numbers and the tight timelines for meeting these
reporting requirements, it is now more important than ever to
have people that understand the impact of FAS 109
issues
Your needs
Would you like some assistance with
those difficult areas of the provision reporting process
including items related to FAS 5 Tax Reserves, Stock Based
Compensation, Valuation Allowances, Other Comprehensive
Income, Currency Translation Adjustments, Tax Rate Change
Adjustments, States, Net Operating Losses, APB 28 Interim
Reporting, Intraperiod Tax Allocation, and Foreign Tax
Credits?
Do you need some practical guidelines to
assist you in complying with the Section 404, Sarbanes Oxley
Internal Control and Accountability Requirements for the
preparation of your company’s corporate tax
provision.
Our Services
We provide many SFAS 109 service options
to, help minimize potential review comments by your external
auditor on SFAS 109 matters thereby allowing for more timely
financial statement closings. We help create improved
integration of tax compliance and accounting functions, while
allowing you to effectively utilize your valuable internal
resources for other critical areas. We leave you with piece of
mind.
