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2019 - IAS 12 - What You Need To Know About IFRS and Taxes



VenueOnline, UK - United Kingdom UK - United Kingdom



Topics/Call fo Papers

We all know that domestic and foreign taxes are based on taxable profits. But how exactly do you account for the current and future tax consequences of transactions and other events? When can you defer taxes and when do you have to record a tax expense? What about taxes on revaluation of assets? How do you account for taxes on share-based payments (options)? Can you offset tax assets and tax liabilities?
Why should you attend this webinar?
The principal issue in accounting for income taxes is how to account for the current and future tax consequences of:
The future recovery (settlement) of the carrying amount of assets (liabilities) that are recognized in an entity's statement of financial position; and
Transactions and other events of the current period that are recognized in an entity's financial statements.
Areas Covered in the Session:
Foreign and domestic taxes
Treatment of future recovery (settlement) of the carrying amount of assets (liabilities)
Recognition of tax liability
Deferred tax liability
Measurement, revaluation, and discounting of deferred tax assets and liabilities
Allocation of tax liability
Tax effect (including deferred tax) of a business combination
Taxable and deductible temporary differences and unused tax losses and credits
Investments in subsidiaries, branches and associates and interests in joint ventures
Items recognized within and outside profit or loss
Current and deferred tax on share-based payment transactions
Offset of tax assets and tax liabilities
Financial Statement Presentation and Disclosures
Who can Benefit:
Board members
External auditors
Compliance professionals
Operational professionals
Finance professionals
Internal auditors
Anyone involved in the IFRS compliance process
Mike Morley, Keynote speaker at ComplianceKey. He is a Certified Public Accountant, business author Mike Morley is an entertaining and informative speaker and a recognized authority in the field of finance.
Compliance Key
Phone: +1 717-208-8666

Last modified: 2019-06-21 15:58:52