Agenda

Bank Accounting: Deferred Income Taxes: It’s Really Just Math! - Part 1
May 22, 2025 | 2:30 pm - 4:30 pm EST

• The math and formula behind the proper accrual for income tax expense or benefit
• The reconciliation of book net income (loss) to taxable net income (loss)
• Understanding permanent vs temporary differences between book net income (loss) and taxable net income (loss)
• The concept of recognition and measurement under U.S. GAAP
• Deferred tax assets vs deferred tax liabilities
• Current tax assets vs current tax liabilities
• The accounting equation for income taxes with explanative illustrations
• Accounting for net operating tax losses (NOLs)
• Corporate statutory tax rate vs effective tax rate explained
• Illustrations of net income (loss) book-to-tax reconciliation and the key role permanent differences have in that equation
• Illustrations related to the accounting for temporary (or timing) book vs tax differences that originate from fixed asset depreciation

Speaker(s)

Cynthia Dopjera, a Certified Public Accountant, has 40 years of experience focused on accounting and regulatory reporting for financial institutions. During the first 18 years of her career, Ms. Dopjera held various positions with responsibility across all operational areas, including accounting, internal audit, Call Report preparation and review while working for community as well as regional banks.

In 2000, Ms. Dopjera joined the public accounting firm of Harper & Pearson Company, P.C., where she served as practice leader for the firm's financial institutions practice covering community and regional institutions. The firm's services included financial statement audit, accounting, tax preparation and filing, internal control audit, Call Report audit, loan and asset quality review, and design and implementation of internal controls over financial reporting frameworks for institutions regulated under FDICIA and Sarbanes-Oxley. In 2018, Ms. Dopjera retired from Harper & Pearson Company, and currently provides accounting, consulting, and training services to financial institutions.

Fees

$549.00 or 2 Tokens

Available Upgrades

• 12 Months OnDemand Playback $190.00
• 12 Months OnDemand Playback + Digital Download $250.00
• Additional Live Access $250.00 per person

Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380