# ASC 740-924-05: Income Taxes — Entertainment—Casinos — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/740/924/#05-overview-and-background)

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## ASC 740-924-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/740/924/#05-overview-and-background)

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##### [740-924-05-1](https://asc.understandingaccounting.org/asc/740/924/#740-924-05-1)

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This Subtopic provides guidance to entities operating as casinos on the accounting and reporting of deferred income taxes when book financial reporting differs from income tax reporting.