ASC 740 definition

ASC 740 means Financial Accounting Standards Board’s Accounting Standards Codification Topic 740, Income Taxes (formerly SFAS 109, Accounting for Income Taxes)
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ASC 740 means Financial Accounting Standards Board Accounting Standards Codification Topic 740 (formerly known as “Financial Accounting Standards Board Interpretation No. 48” or “FIN 48”).
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ASC 740 means GAAP Accounting Standards Codification Topic 740.
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Examples of ASC 740 in a sentence

  • In Part XIII, provide the text of the footnote to the organiZation's financial statements that reports the organiZation's liability for uncertain tax positions under FASB ASC 740.

  • In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740).

  • In Part XIII, provide the text of the footnote to the organiZation's financial statements that reports the organiZation's liability for uncertain tax positions under FIN 48 (ASC 740).

  • In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FASB ASC 740.

  • ASC 740 prescribes the minimum recognition threshold that a tax position is required to meet before being recognised in an entity's financial statements.

  • Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.

  • A prospective investor should be aware that, among other things, ASC 740 could have a material adverse effect on the periodic calculations of the Net Asset Value of a Portfolio, including reducing the Net Asset Value of a Portfolio to reflect reserves for income taxes, such as US and foreign withholding taxes and income taxes payable on income effectively connected with a trade or business, that may be payable by a Portfolio.

  • Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward.

  • Per FASB ASC 740 “Income taxes” under the liability method, it is the Company’s policy to provide for uncertain tax positions and the related interest and penalties based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities.

  • It is recommended the competition run from Friday to Sunday inclusive, with podium training on the Thursday morning and afternoon.


More Definitions of ASC 740

ASC 740 has the meaning set forth in Section 5.2(t).
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ASC 740 means GAAP Accounting Standards Codification Topic 740. “Assets” has the meaning set forth in Section 2.10(a).
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Related to ASC 740

  • ASC Topic 718 means the Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation – Stock Compensation, as amended or any successor accounting standard.

  • ASC means the Financial Accounting Standards Board Accounting Standards Codification, as in effect from time to time.

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • mg/l means milligrams per liter.

  • SSAP means a sporting sanctions appeal panel to be appointed to determine an appeal against a deduction of points under Rule 13.

  • National Standards means the document entitled “National Standards for the Volatile Organic Compound Content of Canadian Commercial/Industrial Surface Coating Products Automotive Refinishing, October 1998, PN 1288" and published by the Canadian Council of Ministers of the Environment;