Be confident in your ASC 740 process – without all the stress

With constantly evolving tax regulations and requirements, such as ASU 2023-09, you can’t afford to rely on outdated provision software. Bloomberg Tax Provision is the modern solution that automates complex calculations so your provision is accurate and always ties out.

With this comprehensive ASC 740 calculation engine, users can:

This cloud-based fixed assets software provides users with:

Buy time – Automate key time-consuming actions such as provision rollover, rate rec, and tax account rollover so you can spend more time reviewing and analyzing your provision.

Increase confidence in your audits – Our system automatically runs your ASC 740 tax provision calculation and adjusts your rate rec so it’s guaranteed to tie out. Export robust reports directly to your auditors in a review-ready Excel output.

Adapt and scale – Mitigate growth risks with a fully integrated data model that ensures updates to business facts automatically reflect across relevant calculations. Scale effortlessly with unlimited filing groups, legal entities, and jurisdictions.

Why wait? Our system is designed to enable a quick implementation and smooth transition, allowing your team to quickly adapt and leverage its powerful features, accelerating time-to-value and maximizing productivity from the very start.