Event Description

Equipment finance companies are under intense scrutiny over the adequacy of reserves set aside for the positions they take on tax returns.  What are the current best practices for creating prudent reserves against uncertain sales or use tax positions?

This web seminar will focus on the applicable methodology for the purpose of the creation and maintenance of a sales and use tax reserve. The standards that are applied in recognizing and calculating losses will also be addressed.  Topics will include: booking a liability or disclosure under FAS 5; common FAS 5 issues; practical applications; and FAS 5 Exposure Draft update.

Who Should Attend?
Attendees should hold a position in tax, planning, research, business unit support, accounting or any other position responsible for corporate tax functions.

Presenter:
James Bartek
Director
PricewaterhouseCoopers LLP
 
Additional speaker to be determined

Additional Information:
This conference is a web seminar.  There are no pre-requisites or advance preparation for this conference.  This web seminar is a repeat of the session presented at the 2009 ELFA Tax Professionals Roundtable.  

Cancellation Policy: You may cancel up to one hour before the commencement of the web seminar.

Records Retention:  ELFA will keep all records of attendees and materials relating to this conference on file for five years.  After five years, ELFA may decide to retain the records or abandon those records.

Complaint Resolution:  You may contact Racquel Codling at rcodling@elfaonline.org  to resolve any complaints or disputes you may have about this web seminar or call her at (202) 238-3414.

For more information regarding administrative policies such as complaint and refund, please contact our offices at (202) 238-3400.

Equipment Leasing and Finance Association (ELFA) 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417.  Web site: www.nasba.org
 
For more details regarding your CPE credits please contact Janet Fianko at jfianko@elfaonline.org or you may call her at (202) 238-342