To Access This Course:
International Accounting Standard (IAS) 12, Income Taxes, implements a “comprehensive balance sheet method” of accounting for income taxes. This method recognizes both the current tax consequences of transactions and events, and the future tax consequences of the future recovery or settlement of the carrying amount of an entity’s assets and liabilities.
This course addresses the proper accounting treatment for both current and deferred income taxes.
Learning Objectives
- Explore the difference between current and deferred taxes
- Discover how to measure, classify, and present deferred tax assets and liabilities
- Explore when current and deferred tax assets and liabilities may be offset
- Discover how to handle special tax consequences, such as share-based payments, business combinations, and more
Last updated/reviewed: November 6, 2019
1 Review (7 ratings)Reviews
Anonymous
(Tax Accounting)
it is an overview and it require some basic tax accounting knowledge before taking this course. some of are very hard to follow.
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .