Automate your rate reconciliation

Features

FASB ASU 2023-09 changes how business entities are required to disclose their income taxes in financial statements. TAXASU makes this easier for tax professionals.

• Import data from Excel or tax provision software like Corptax, ONESOURCE Tax Provision, Oracle TRC, or Longview.
• Map your tax adjustments to the required ASU categories.
• Use analytics to review and verify if adjustments meet disclosure thresholds.
• TAXASU's reporting engine produces an ASU 2023-09 compliant effective tax rate reconcilation.

Use cases:

• For corporate tax teams: Import your income tax provision data and generate your ASU 2023-09 footnotes.
• For accounting firms: Multi-tenant access lets you toggle between clients and prepare footnotes for each client.
• For auditors: Load client calculations into TAXASU and validate if items requiring disclosure were properly reported.