Accounting for Income Taxes Part 1
Presenters : Anton van Wyk CA(SA)
Learning objectives
By the end of this event the attendee should:
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Understand the philosophy behind deferred tax;
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Understand how to calculate deferred tax;
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Understand the assets and liabilities approach to calculating deferred taxation;
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Understand the tax bases of assets, liabilities and income received in advance; and
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Understand how to use the carrying amounts and tax bases of assets and liabilities to calculate and understand deferred tax.
Content
The webinar will cover the following topics:
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Introduction.
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Deferred tax - the philosophy behind it.
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How to calculate deferred tax.
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The assets and liabilities approach.
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Understanding the tax bases of:
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Assets.
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Liabilities,
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Income received in advance.
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Using the carrying amounts and tax bases of assets and liabilities:
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To calculate deferred tax.
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To understand deferred tax.
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Milestone Assessments 1 - 3.