Accounting for deferred taxation - Workshop 2018

Identifier: 80005974

Duration: 1 day

Language: English

Cost:

Action

Overview

For REPs, Member staff and Group (3+) registrations, complete & email the registration form to cpd.malaysia@cpaaustralia.com.au

Download brochure & registration form
 

Presenter:
Ms Lim Geok Heng

 

This workshop is designed to provide participants with a basic understanding of the complexities of MFRS 112 / S29 MPERS Income Taxes that relate to the recognition, measurement, presentation and disclosure of deferred taxation. The workshop comprises explanations, illustrations, worked examples and a detailed coverage of the complete disclosure requirements using the financial statements of selected companies. The case studies included are intended to provide a clear and easy understanding of the computational aspect of MFRS 112 / S29 MPERS.

 

Key topics covered:

Part 1

  • Principles of deferred taxation
  • Basis of provision under the Balance Sheet Liability Method
  • Distinguish between the previous method using the Income Statement Approach vs the new method using the Balance Sheet Approach
  • Accounting treatment for the recognition as deferred tax assets
  • Two case studies to enhance understanding and practical application of the above principles
  • Basic presentation and disclosure requirements of current and deferred taxes
  • And more…

Part 2

  • Recognition of deferred tax assets
  • Deferred tax implications
  • Different scenarios of tax reconciliations
  • Advanced presentation and disclosure requirements of current and deferred taxes, with emphasis on the tax reconciliation disclosure requirement

Note: Participants are required to bring their own calculators as they will be required to perform case studies.

Objectives

This workshop is designed to provide participants with a basic understanding of the complexities of MFRS 112 / S29 MPERS Income Taxes that relate to the recognition, measurement, presentation and disclosure of deferred taxation.

All our workshops are available via in-house training.

Audience

Accountants, finance managers, financial controllers, auditors, CFOs, Finance directors and anyone who wanted to know about MFRS updates.

Course Structure

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