Basic Deferred tax

PAW – Basic Deferred tax (30^th November, Friday)

By popular requests, we bring you this half-day seminar on the basic concepts of deferred tax accounting and calculation.  Using practical examples, participants will have a better understanding of how deferred tax is being recognised on the balance sheet and how such deferred tax are subsequently being reversed into the income statement. Participants will also go through the disclosure requirements of FRS12 and understand the common disclosure errors to avoid.

(Note: This seminar will only address basic deferred tax issues. Deferred tax arising from business combination, calculation of consolidation deferred tax and other specific deferred tax issues will be addressed in the Advance seminar to be held at a later date) 

Target participants: Audit staff

Level: Beginner to Intermediate CPE hours: 3.5 hours (Cat 1)