Article
FIN 48: The Impact On Staffing, Internal Control Processes And Expertise Of Privately-Held Companies
Review of Business Information Systems
Document Type
Article
Language
eng
Publication Date
1-1-2008
Disciplines
- Accounting and
- Business
Abstract
While FASB Interpretation 48 (FIN 48), Accounting for Uncertainty in Income Taxes-An Interpretation of Statement of Financial Accounting Standards (SFAS) 109, Accounting for Income Taxes applies to both privately-held and publicly traded companies, privately-held companies have characteristics that can impact implementation. This paper reports the findings of a survey of the top 100 privately-held companies to determine how these organizations are addressing the staffing of tax department personnel, process controls and knowledge acquisition during the implementation of FIN 48.
Creative Commons License
Creative Commons Attribution 3.0
Citation Information
Reed C. Kirschling and Michael D. Akers. "FIN 48: The Impact On Staffing, Internal Control Processes And Expertise Of Privately-Held Companies" Review of Business Information Systems (2008) ISSN: 1534-665X Available at: http://works.bepress.com/michael_akers/53/
Published version. Review of Business Information Systems, Vol. 12, No. 2 (2008): 9-13. DOI. © 2008 The Clute Institute. Used with permission.