Corporate Earnings and Profits: An Overview
Learning objectives

After completing this course, the learner should be able to:

  • Describe what earnings and profits ("E&P") are for U.S. federal income tax purposes.
  • Identify the practical considerations pertinent to computing E&P.
  • Identify the common adjustments that are necessary to compute E&P.
  • Describe the ordering of utilizing E&P.
  • Identify the M&A implications on E&P and the reporting requirements.
Instructor Mike Shuman

Instructor bio

Mike Shuman

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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