Global Tax Management (GTM), one of the nation’s premier professional services firms focused exclusively on delivering corporate tax services, announced today that its GTM Training Institute is now accepting registrations for a brand new online training program, Corporate Tax Provision Fundamentals – ASC 740, to begin this April.
Accounting for income taxes under US GAAP (ASC 740) and other standards for domestic and multinational companies, including those within certain regulated industries (e.g., utilities, insurance, etc.) remains high on the risk profile for material misstatements and errors in financial reporting. This practical, instructor-led online learning program draws upon GTM’s broader income tax and provision training program curricula launched in 2022, to help in-house tax and finance department staff become stronger in their understanding and practice of the nuanced and often complex income tax provision process. No other training program like it exists on the market today.
Corporate Tax Provision Fundamentals – ASC 740 is comprised of 14 live classes (each 75-minutes in length) over a 28-week duration that also includes office hours with program instructors in the alternating weeks. Classes cover a range of immersive material including an introduction to ASC 740 principles and mechanics, the nuances of valuation allowances, international tax provision issues, and the tax effect of business combinations. Participants who complete the program can earn up to 21 Continuing Professional Education (CPE) credits.
About GTM Training Institute
Drawing on more than 25 years of delivering corporate tax services and developing training programs for GTM’s own tax personnel, the GTM Training Institute was established to address significant and ongoing talent gaps in the market. With tax professionals in high demand and short supply, the fully remote programs are designed to empower tax departments to train their talent and build from within to retain their top performers.