THIS IS A 4 HOUR COURSE AND DOES NOT QUALIFY FOR THE AICPA DISCOUNTFIN 48 adds major new tax documentation and disclosure requirements on a scale unseen since passage of the Sarbanes-Oxley in 2002. Starting in early 2007, FIN 48 significantly modifies the accounting and disclosures relating to uncertainties in income taxes covered by FAS 109, Accounting for Income Taxes. Unlike previous FASB requirements, this interpretation will likely now require an unpresedented involvement of tax professionals in calculating, recording, and/or reviewing tax provisions.