By the end of this event the participant should:
Understand the purpose of IFRS for SMEs Section 29 Income Tax.
Understand the contents of the Standard;
Understand how to correctly calculate deferred tax;
Understand how to calculate income taxes; and
Know how to practically apply the Standard as a whole.
The webinar will cover the following topics:
Introduction to IFRS for SMEs Section 29 Income Taxes.
Recognition of current tax assets and tax liabilities.
Measurement of current tax assets and tax liabilities.
Tax bases of assets and liabilities.
Discounting deferred tax assets and liabilities.
Offsetting and when it's allowed.