This session, from TEI’s 2024 Federal Tax Course – Level 1, provides an in-depth overview of the latest guidance on income tax disclosures, including those pursuant to recent Accounting Standards Updates (ASUs) published by the Financial Accounting Standards Board (FASB). ASU 2023-09 aims to improve transparency for investors by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid to be disaggregated by jurisdiction. Participants will gain an understanding of these changes and their federal, state and local, and international tax impact, as well as their effect on valuation. The session will also provide a detailed overview of the specific financial statement disclosures required under the new standards.
Learning Outcomes
- Understand the key reporting changes required by ASU 2023-09
- Analyze the valuation and tax impacts of the new financial statement disclosure requirements
- Identify the necessary financial statement disclosures under ASU 2023-09 and best practices
Who Should Attend
This course is designed for tax professionals who are new to the in-house community, taking on new areas of responsibility, changing areas of practice, or just need a refresher on the core principles in US federal taxation.
Instructor(s)
Adam Samber, Director, Corporate Tax Solutions, Grant Thornton Advisors
General Session Information
Access
Online, upon completion of the checkout process, you will be directed to our Learning Management System (LMS) for access to the session.
For member pricing, please login to tei.org
This is a digital product. With full paid access, the content will be available for one year after the purchase date.
CPE Credits
This digital product is not eligible for Continuing Professional Education (CPE) credit and includes the recording from the 2025 in-person session and the corresponding PowerPoint slides.
Length of Session
The session will take approximately 2.0 hours to complete.
NASBA Field of Study
Taxes
Level
Basic
Prerequisites
None
For more information, please refer to CPE requirements and NASBA sponsorship information.
Terms & Conditions
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