NOTICE OF
ASC 740 Seminar
Featuring: KPMG
Date: Friday, November 21, 2014
Place: Sportsmen’s Lodge
12833 Ventura Boulevard
Studio City, CA 91064
7:45 - 8:30: Registration and Continental Breakfast
8:30 - 8:45: Introduction of Speakers & Agenda
8:45AM – 9:15AM: Accounting for Income Taxes - Overview
9:15AM – 9:45AM: Accounting for Uncertainty in Income Taxes
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Identification, Recognition, & Measurement of Uncertain Tax Positions
Balance Sheet Classification and Disclosures
9:45AM – 10:00AM: **** Morning Break ****
10:00AM – 10:30AM: Valuation Allowances
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Requirements to Recognize Valuation Allowance
Four Sources of Income and Weight of Evidence
10:30AM – 11:15AM: Business Combinations
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Summary of Acquisition Accounting
Accounting for Valuation Allowances, UTPs, Goodwill and Transaction
Costs
11:15AM – 12:00PM: Share Based Compensation
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Treatment of Equity Compensation (Including NQSO and ISO)
Timing of Recognition
Effects of Valuation Allowance and UTPs
12:00PM – 1:00PM: **** LUNCH ****
1:00PM – 1:45PM: Investment in Affiliates
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Equity Investments, Partnerships, and Minority Interest
1:45PM – 2:15PM: Intraperiod Allocation
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Definition of Intraperiod Allocation and General Rules
Exceptions to the General Rules
2:15PM – 3:00PM: Presentation and Disclosures
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Disclosure Requirements for Public and Private Companies
SEC Comments on Disclosures
3:00PM – 3:15PM: **** Afternoon Break ****
3:15PM – 3:45PM: Accounting for International Operations
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Outside Basis (Unremitted Earnings, Unborn FTC, & Withholding Tax)
Indefinite Reinvestment Assertions
3:45PM – 4:30PM: Sarbanes Oxley Controls Discussions/PCAOB
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PCAOB Recent Interest in SOX Controls over Income Tax
General Discussion over Expected Controls over Income Tax
4:30PM – 5:30PM: Current Event Topics & Potential Pronouncements
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ASU 2013-11 – Contingencies
ASU 2014-02 – Goodwill Amortizable for Private Companies
ASU 2014-01 - Investments — Equity Method and Joint Ventures
Revenue Recognition
ARB 51 – Changes in Current/Non-Current
Year-End Readiness
Registration Fees: If registered by the date noted below, the seminar is $250 for each TEI member,
made payable to TEI-Los Angeles Chapter. Additional participants from the TEI member’s company
are welcome at this member rate as well. The fee is $300 for non-members. Registration at the door
is $300 for members and non-members alike. The fee includes course materials and lunch. Selfparking is included in the fee.
Substitutions: Substitutions are permitted if your plans change and a last minute substitution is
necessary. Please provide us the new participant’s name. Fees are non-refundable and may not be
credited towards future events.
Education Credits: This activity qualifies for Continuing Legal Education credit by the State Bar of
California and continuing education credit by the California State Board of Accountancy. TEI certifies
that this activity conforms to the standards for approved education activities prescribed by the rules
and regulations of the State Bar of California governing minimum continuing legal education.
Registration:
Please RSVP with Pauline Pineda by e-mail at pauline.pineda@aecom.com or by phone at (213) 5938388 by no later than Tuesday, November 18th.
Location and Directions:
In the heart of the San Fernando Valley, the Sportsmen’s Lodge Events Center is located just off the
Ventura/101 Freeway at the corner of Ventura Boulevard and Coldwater Canyon Avenue in Studio
City.
Please use the Coldwater Canyon Avenue entrance where there will be self parking. You will enter
into our grand lobby entrance and be guided to the venue where your event will be held
Payments made to Tax Executives Institute, Inc. are not deductible as charitable contributions for
federal income tax purposes. They may, however, be deductible under other provisions of the
Internal Revenue Code. The Los Angeles Chapter of Tax Executives Institute, Inc. certifies that
TEI has been approved as a State Bar of California MCLE provider.
Member Company Registration ($250)
PLEASE INDICATE IF THE PARTICIPANT IS AN ATTORNEY
Membership No.
Telephone
Name
FAX
Company
E-Mail
Street Address
City, State, Zip
Fee
Additional Participants from Member Company ($250)
Name
E-Mail
Name
E-Mail
Non-member Company Registration ($300)
Name
Telephone
Company
Fee
E-Mail
Credit Card payment
Name (as it appears on card) _____________________________________________
Type of Credit Card and Number _________________________________________
Expiration date/CVV code _______________________________________________
Billing Zip code ______________________________________________________
Total Fee (make checks payable to TEI - L.A. Chapter)
$
NOTE: Please send the completed registration and full payment (checks payable to TEI - L.A. Chapter)
to:
Pauline Cadle-Pineda
AECOM
515 S. Flower St., 4th Floor
Los Angeles, CA 90071
or email your registration to pauline.pineda@aecom.com