IAS 12-Deferred Tax Basic Principles ( IFRS ) HD

Lecture presented by Richard Starkey CA (SA) To sign up for the free preview lecture series, or purchase the full study package for FAC3701 visit http://www.tabaldi.org/classroom/course/view.php?id=189 l and sign up now. Read for the lecture: A basic working example video of the calculation of deferred tax balances using the Statement of Financial Position Approach (SOFP), as well as illustrating the effect on the current tax computation and income tax expense which consists of both current tax expense and deferred tax expense. This illustration does NOT include permanent or reconciling tax items in order to simplify the central understanding of deferred tax as a starting point.