• Dealing with Financial Auditors and Schedule UTP
  • July 4, 2012 | Author: Jasper L. (Jack) Cummings
  • Law Firm: Alston & Bird LLP - Durham Office
  • Most corporations have now come to terms with the Financial Accounting Standards Board’s requirements for accounting for tax benefits and liabilities and with filing with the IRS the Schedule of Uncertain Tax Positions (UTP). However, the two requirements often interact, as explained below.