We are pleased to announce the 2009 provision software training classes. Because there have been significant developments in the following areas, I strongly recommend this course.
- Deferred Tax Scheduling.
- Multiple Taxing Jurisdictions.
- Footnote and Rate Reconciliation Report Improvements.
- Additional Integration between Provision and Compliance.
- Other Provision Enhancements.
Registration Dates
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Location |
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Click to register |
Our tax Series Provision training classes will start again early this year. Check back soon for a schedule. |
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Learning Objectives:After completing the program, participants will be able to setup Tax Series, import, modify workpapers, schedule deferred taxes, document uncertain tax positions, understand provision reports, and much more.
Program Description
- An overview of the Tax Series suite of applications that will provide users with knowledge on efficiencies gained by taking advantage of the Tax Series single database concept.
- Instructions on setting up a general Tax Series implementation, as well as specific directions related to setting up eTaxProvision and eStateTaxProvision.
- Directions related to using the extensive import functionality provided within Tax Series for both setup and ongoing provision processes.
- Instructions on entering book-tax adjustments, as well as FAS 109 attribute activity.
- Directions related to using Tax Series workpapers to review trial balance and adjustment data entered into the system.
- A detailed walk-through of a comprehensive set of provision reports, which will ultimately be the source of all SEC reporting and disclosure requirements.
- Suggestions/Hints on how to use the Tax Series provision reports to make decisions critical to the effective tax rate as well as the ending deferred tax assets and liabilities, such as valuation allowance considerations.
- Directions related to the new deferred tax scheduling feature, which will allow users to schedule out temporary differences and other gross attributes for up to 10 years in the future.
- Instructions on rollover procedures and administrative procedures required to maintain the eTaxProvision and eStateTaxProvision systems throughout the quarterly and annual provision processes.
Program Level: Intermediate
there are no prerequisites or advanced preparations necessary for this course.
Attire
Business Casual is appropriate for the training. Temperatures in the meeting rooms may vary so remember to bring a jacket or sweater. The Harvard Club in New York requires jackets and ties for gentlemen, and clothing of equivalent formality is required for ladies in the Club's catering venues.
Fee
No fee to Tax Series users who chose to attend these courses
For comments concerning this class, please contact us
Each of these scheduled courses will be taught by individuals who are involved in the design and use of the provision software package on a day-to-day basis. These instructors also have a strong FAS 109 background and can address real-life issues faced by tax departments as well as provide the most effective solutions for these issues provided by Tax Series to help users visualize the efficiencies gained using a tax software package.
Agenda
Day 1 |
Day 2 |
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| 8:30AM | Tax Series Provision Process Overview and Provision Process Checklist | 8:30AM | Administrator’s Guide including User-Defined balance types and workpaper columns and Balance Transfer | |
| 9:30AM | Tax Series Setup – Entities, Entity Groups, Charts, Tax Rates | 10:00AM | eStateTaxProvision Process Overview | |
| 10:30AM | Break | 10:30AM | Break | |
| 10:45AM | Adjustment and Attribute Functionality – Definition, Automatic Adjustments, Adjustment Entry, Footnote Categories | 10:45AM | eState Setup – Entity Classification, State Tax Filings, Calculation Elections | |
| 11:30AM | Import functionality | 11:15AM | System reports | |
| 12:00PM | Lunch | 11:30AM | State Apportionment, Modification and Attribute Setup, Import, Input, and Workpaper Review | |
| 1:00PM | System reports | 12:00PM | Lunch | |
| 1:30PM | Tax Series workpapers | 1:00PM | State Apportionment, Modification and Attribute Setup, Import, Input, and Workpaper Review Continued | |
| 2:30PM | Break | 1:30PM | Apportionment reports | |
| 2:45PM | Tax Series Provision Reporting (Including Report Options and balance type supporting reports) | 1:45PM | State Tax Provision Reporting and Integration with eTaxProvision Global Reporting | |
| 4:30PM | Documenting Uncertain Tax Positions | 3:00PM | Break | |
| 3:15PM | Current Liability Rollforward | |||
| 3:45PM | Deferred Tax Scheduling – eTax and eState | |||
| 5:00PM | Questions |