ASC 740 addresses how an entity should report uncertain tax positions in its financial statements.

Name: ASC 740 addresses how an entity should report uncertain tax positions in its financial statements.
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ASC 740, which stands for Accounting Standards Codification Topic 740, Income Taxes, provides guidance on how entities should account for and report income taxes, including the treatment of uncertain tax positions in their financial statements.

ASC 740 Addresses How an Entity Should Report Uncertain Tax