It's Just Math! Accounting for Bank Income Taxes for Beginners Webinar

Designed for bankers new to accounting for income taxes, and those seeking a refresher course on the basic accounting concepts underlying the recording of income taxes, to include determination of deferred assets, deferred liabilities, and the accrual for income tax expense (benefit).

The webinar covers the basic concepts of accounting for income taxes as required under U.S. GAAP with a focus on areas common to banks. A discussion on the concept of permanent and temporary differences impacting the accounting for income taxes will provide the participants with an understanding of the book-to-tax reconciliation process. A discussion of the common transactions and financial statement items that generate permanent and temporary differences for banks will be provided along with examples to illustrate the accounting for income tax expense (benefit) accruals, deferred tax assets, and deferred tax liabilities.

Covered Topics

  • General discussion of Generally Accepted Accounting Principles in the United States (U.S. GAAP) relative to accounting for income taxes, to include the concept of book net income (loss) vs. taxable net income (loss), also referred to as ‘€œbook vs. tax.’€
  • Discussion on the concept of permanent and temporary differences impacting ‘€œbook vs. tax’€ with focus on the common areas impacting a bank’€™s financial statements.
  • A discussion of the common transactions and financial statement items that generate permanent or temporary differences for banking organizations.
  • Examples to illustrate the accounting for income tax expense (benefit) accruals, deferred tax assets, and deferred tax liabilities. A book-to-tax reconciliation will also be provided.

Who Should Attend?

This webinar is designed for those who are new to accounting for bank income taxes or those who are looking for a simple way to make sense of the basic mathematical and accounting concepts surrounding appropriate accounting for income taxes.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

View Delivery Options

Related Topics

Instructor

Cynthia Dopjera
Cynthia Dopjera

Ms. Dopjera, a Certified Public Accountant, has 38 years of experience focused on accounting and regulatory reporting for financial institutions. During the first 18 years of her career, Ms. Dopjera h... read more.

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
It's Just Math! Accounting for Bank Income Taxes for Beginners0.25 Any AnyWebinarSix Month On-Demand Recording Cynthia Dopjera$295.00 Register Now
It's Just Math! Accounting for Bank Income Taxes for Beginners0.25 Any AnyWebinarCD-ROM Video Recording Cynthia Dopjera$345.00 Register Now
Delivery Options

LIVE WEBINAR:
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

CD-ROM VIDEO:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

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