Simplify your ASC 740 process with Bloomberg Tax Provision

Save time and ensure accuracy with this powerful tax provision software

The most powerful ASC 740 calculation engine on the market, our software solves the technical and process issues involved in calculating your income tax provision — taking manual risks out of the equation.


Accurate provisions
that always tie out

Relying on Excel for tax provision
can lead to major setbacks

Incorrect results

Incorrect results

Tax provision stands out on your financial statement — with manual calculations, you risk highly visible errors.

Inefficiency

Inefficiency

Microsoft Excel is a cumbersome, labor-intensive approach to ASC 740 calculation, ultimately wasting time and money.

Difficult onboarding

Difficult onboarding

Inaccessible history and an untraceable process makes training new accountants lengthy and challenging.

Quickly move from facts to footnote with
our unique, integrated balance sheet approach

calculator

Accurate calculation

Efficiently and accurately address the entire range of complex ASC 740 technical topics — including Uncertain Tax Benefits (UTBs), ARB 51, Quarterly Annual Effective Tax Rate (AETR) calculations, robust state computations, and Income Tax Payables.

Icon fast

Fast implementation

With an intuitive design, you can complete implementation in weeks not months.

simple design

Simple design

Seamlessly upload your spreadsheet workpaper data with our tax provision software to leverage the work you’re already doing in a layout that’s simple and self-explanatory.

Icon spreadsheet

Controlled

With a full audit trail, including review features and user permissions management, you control all aspects of your tax provision process.

Icon checklist

Auditor-ready reports

Export reports directly to your auditors in a robust, review-ready Excel output.

Icon cycle

Footnotes in a flash

Easily export summarized footnotes for all your ASC 740 financial reporting needs.

How do you start?

Choose what works best for you

attend public demo
personalized demo

See why companies are choosing
Bloomberg Tax Provision

quote

“Bloomberg Tax Provision significantly reduced the time we spend on a provision. I saved close to a month over the time it used to take working in Excel”

Sherri Throop
Tax and Financial Reporting Manager
Novo Building Products

Read full Novo Building Products case study

quote

“I’ve done implementations of other software, and this one was hands-down the easiest to get the hang of. It was just a matter of weeks before we had full implementation and recreation of our prior year provision ready to go.”

Corporate Tax Manager
Flexential

Read full Flexential case study

The latest tax provision news

Simplify your ASC 740 process with Bloomberg Tax Provision

Top