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Course Level :Basic
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Credits :0.2
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Instructional Method :Nano Learning
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Pre-requisites :None
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Advance Preparation :None
Published : July, 2023
The FASB on March 15, 2023, proposed a package of income tax disclosure rules that will require companies to provide more transparency about their exposure to changes in tax legislation and the global tax risk they may face.
It particularly affects the reporting of state income taxes, potentially ending the practice of calculating blended state rates. The proposed ASU requires public business entities to provide qualitative descriptions of state and local jurisdictions impacting income tax. It also mandates all entities to disclose year-to-date income taxes paid, disaggregated by federal, state, and foreign amounts. Further disclosures are needed for jurisdictions with taxes exceeding 5 percent.
This CPE Nano-Learning course by Laura Thessin will explain the proposed FASB changes, and their potential impact on income tax disclosures, rate reconciliations, disclosure requirements by public entities, and more.
At this time, Nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts Nano-learning, you can ask your state board or visit the NASBA registry.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Educator and Consultant, Laura Thessin
Laura Thessin, CPA, MBA is an accomplished finance and accounting professional with a wealth of experience spanning over 12 years. She has established herself as a prominent figure in the field, excelling in various roles and demonstrating a progressive career trajectory.
After serving as a Commercial Loan Officer at an esteemed community bank, Laura transitioned to The Engineering Groupe, Inc., where she currently holds an executive position. In her role as Vice President, Corporate Services, she is responsible for managing the day-to-day financial operations of the organization. Additionally, Laura plays a pivotal role in coordinating all financial strategic planning efforts, ensuring the company's financial health and growth.
Recognized for her expertise in auditing, Laura also shares her knowledge and passion for the subject with aspiring professionals. She serves as an Adjunct Professor of Auditing at the University of Mary Washington, where she teaches a senior-level auditing course to undergraduate students. Her dedication to education extends beyond the university, as she also creates content and delivers speeches for continuing education providers.
Laura is a Certified Public Accountant (CPA) licensed by the Virginia Board of Accountancy (VBOA), solidifying her expertise and commitment to maintaining the highest professional standards. Her credentials and extensive experience make her a trusted advisor and a valuable asset to the organizations she serves.
In her current position as the head of the Corporate Services department at The Engineering Groupe, Inc., a small privately owned Civil Engineering and Land Survey Firm, Laura oversees critical functions such as accounting, human resources, administrative staff, and IT. With her well-rounded skill set and strategic mindset, she ensures the efficient and smooth functioning of these departments, contributing to the overall success of the organization.
Laura Thessin's career trajectory and multifaceted expertise exemplify her strong leadership qualities and dedication to the fields of finance, accounting, and education. Her ability to navigate complex financial landscapes and manage diverse teams makes her an invaluable asset in both academic and corporate settings.
7 Ratings
