Deferred Tax & Timing Difference ‘Plus’ - A Bitesize Update

Introduction

Under FRS 102 there are emerging issues beginning to come to fruition which are causing practitioners some problems with regards to deferred tax, particularly in light of the timing difference 'plus' approach upon which deferred tax is based.

This webinar is designed to provide an overview of deferred tax and how the timing difference plus approach works. In addition, the webinar will also provide some examples of accounting treatments under the current reporting regime.

What You Will Learn

This 30 minute webinar will cover the following:

• How deferred tax works under current UK GAAP
• The timing difference plus approach
• Accounting treatment for deferred tax for revalued assets
• The treatment of deferred tax assets
• Presentation of deferred tax in the financial statements

This webinar was recorded on 21st June 2018