This program explores the reporting requirements for Schedules L, M-1, M-2, M-3, and UTP of Form 1120. These schedules include a balance sheet, a reconciliation of income/loss per books with income per return, a net income/loss reconciliation for corporations with total assets of $10 million or more, an analysis of unappropriated retained earnings per books, and an explanation of uncertain federal income tax positions. This course is most appropriate for the professional with detailed knowledge of Form 1120 who may be at a mid-level position within an organization with operational or supervisory responsibilities or both.

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.