Deferred Tax Computation and Disclosure

Course outline

What this programme covers, module by module.

1. 01The adjustment most often got wrong
2. 02Why deferred tax exists and what it is trying to show
3. 03Finding temporary differences from the balance sheet up
4. 04Computing assets and liabilities, and which rate applies
5. 05Recoverability, forecasts and when an asset cannot be carried
6. 06Assessed losses, allowances and changes in the tax rate
7. 07The effective tax rate reconciliation and the disclosure note

What you will gain

• Explain why deferred tax exists at all
• Identify temporary differences from the balance sheet
• Compute deferred tax assets and liabilities
• Assess recoverability of a deferred tax asset
• Handle losses, allowances and rate changes
• Prepare the tax reconciliation and disclosures

Who should attend

• Financial accountants and tax accountants
• Auditors reviewing tax balances
• Finance managers signing off accounts
• Staff preparing statutory financial statements

Upcoming sessions

Fees are per delegate and exclude VAT. Public intakes are confirmed once minimum numbers are met. We also deliver this course on your own schedule, in-house or live online.