IAS 12 Income Taxes: Summary - applies in 2024

[@CPDbox]

Thanks for watching! Let’s connect: *Newsletter: www.cpdbox.com/ *LinkedIn: www.linkedin.com/in/silviamahutova/ *Instagram: instagram.com/cpdbox/

[@iqbalahmed5921]

Best video on deferred tax I have ever watched. Thank you.

[@lubomirstamenov4235]

What a valuable materials! So admiring your work!

[@uj-1603]

I am a big fan of your work. Just pointed out the error for betterment. Lots of prayers and love for your hard work

[@inglescontable]

I like tour classes, dear Silvia. Your English is very clear and Easy.

[@kkjnaim5880]

Thank you for the beautiful presentation.

[@NokwandaShazi-g5i]

Very helpful thank you

[@ashlinchetty1345]

What level does your material cover up to? I want to purchase your package but I'm unsure how it relates to the accounting program here in South Africa

[@mustefausman6186]

Thanks Silvia my best teacher ❤

[@CPDbox]

Thank you! 😃

[@diegomoreira4556]

Very good video. For me brazilian accoutant is clear. Thanks

[@aaroacademy]

Very impressive explanation.

[@chandrakanth213]

Hey I really appreciate for making and sharing this video 👍👍

[@khalidsulimani6436]

Great explanation, appreciated!

[@sjvjithu4675]

Mam I am from India.I would like to join in your programme..is it possible

[@CPDbox]

Yes, of course :) You are very welcome

[@catalinblesnoc9154]

Dear Silvia, are the following terms synonyms? Income Tax, Income Tax expense, Tax expense. I do not understand if these terms mean the same thing.

[@CPDbox]

Income tax is not necessarily the same as income tax expense, because that could be income, too in some cases (eg deferred tax). In this particular video, income tax expense is the same as tax expense.

[@adebayobambe4885]

Good day, how can your lecture be followed in sequence relatively to a particular topic

[@trevordube1772]

Well explained

[@COBBLEist]

Thanks a lot!

[@md.shorabhossain7782]

Interesting video.

[@শারদউৎসব]

thanks a lot

[@marceloribeirodeoliveira4662]

Very clear

[@maheshpathirana8450]

Well explanined

[@uj-1603]

At 9 minutes there is an error while explaining deferred tax liability and deferred tax asset. Taxable temporary difference arises - If the carrying value of an asset is greater than its tax base OR - If the carrying value of a liability is less than its tax base. The concept is other way around in case of deferred tax asset. Same conditions doesnt apply for asset and liabilities rather its contrary.

[@CPDbox]

I don't think there is a mistake. You are using the rule of absolute values - which is OK. I rather look at the things in terms of their character and I teach it that way as it is easier to remember. Assets have PLUS values, liabilities have MINUS values (and together with equity they add up to zero) - if you look at it this way, it gives perfect sense.

[@saverykong2149]

Good evening Silvia! Recently IASB amendment IAS 12, what are the key amendment ?

[@CPDbox]

It just clarified that you SHOULD account for deferred tax for items like leases and decommissioning liabilities, because after the new lease standard IFRS 16 it was unclear. Yes, I will publish a video on this one.

[@saverykong2149]

@@CPDbox Thank you so much Silvia.

[@Simranjeetkaur-nh8vr]

Great

[@BlackzippoBandLaos]

Next cilp Please IAS26 😂

[@nehahussain9097]

Thank you so much :)

[@pusparazs]

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