Income taxes (current and deferred)

This half-day course is dedicated to IAS 12 on accounting for income taxes. It addresses the content of IAS 12 as well as practical difficulties in accounting for income taxes (deferred taxes and current taxes).

The main topics include, but are not limited to:

• objectives and scope of IAS 12;
• principles of the required-liability method;
• taxable and deductible temporary differences;
• tax bases;
• recognition of deferred tax liabilities;
• recognition of deferred tax assets;
• exceptions to the recognition rules and measurement issues;
• tax effects of intra-group transactions;
• special issues and examples;
• uncertain tax positions;
• disclosure requirements.

The course will also address the differences with the new rules as mentioned in the recently issued exposure draft.

Date: 19 October 2009

Language: only available in English

Timing: 08.30 - 12.30

Fee per participant: 600 EUR