Use appropriate citations where relevant and according to your professional judgment. When using the codification, please use the following style:

1. Cite the ASC down to the Paragraph. For example, (ASC 330-10-05-01)
2. At the end of the document in an Appendix, copy-paste the paragraph you cite from the codification into the word document.
3. The main goal is to interpret your findings into plain English as best you can. In other words, how would you explain the appropriate accounting treatment to a colleague, boss, or business partner who has a basic understanding of accounting? You may (and are encouraged to) use debits and credits and/or t-accounts to illustrate the accounting if appropriate.

For all other citations, please consistently follow a single style (e.g., APA, MLA, Chicago). Always cite if you are making a factual claim.

This topic you find interesting and would like to learn more about " When to recognize deferred tax?".