Tax Effect Accounting (1 of 2)

Correctly reflecting tax outcomes in financial accounts is imperative for finance teams, boards and investors alike.

To get the tax effect accounting right, you must understand the accounting treatment and the technical tax outcome, as well as how to account for differences between the two.  In part 1 of the Tax Effect Accounting sessions we will focus on:

• What tax expense represents
• Calculating current tax expense
• Calculating deferred tax expense
• Key Journal entries
• Disclosures in financial reports

A major part of the session will be working with practical examples.

Part 2 of the Tax Effect Accounting sessions will cover the determination of deferred tax assets and liabilities, the calculation of deferred tax assets and liabilities as well as some key technical issues.

Learning Outcomes:

• Understand why tax effect accounting is required
• Calculate current and deferred tax expense
• Determine journal entries

Suited to:

• Corporate tax specialists and advisors will find the session useful as a core learning tool or as a refresher on key concepts
• Firms of all sizes will benefit from the session

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation