Deferred Tax Computation
|CPD Hours:||Attendance at this seminar will secure 3 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
Professionals often have similar questions around business transactions: • “I know what to debit and credit for accounting, but what about the income tax and deferred tax implication?” • “I need to audit the deferred tax calculation, but how does it even work again”? To be the complete professional accountant, auditor, tax practitioner and finance professional, one should be able to recognise and appreciate the tax effect of every transaction / balance. Understanding the flow of a transaction from initiation in the accounting records to the corresponding tax-computation impact, as well as the resulting deferred tax effect -- is what makes you THE go-to-professional. Join us as someone who is new or someone who needs to be refreshed as we go back to basics on how to: • Understand how deferred tax works, and help you calculate the deferred tax on a sample of account balances Be informed, ready.
Our goal is to get rid of any uncertainty or apprehension towards deferred tax. Secondly, our goal is to also improve your ability to recognise the tax effect of a given balance, which will strengthen the quality of your contribution to your clients and organisation.
Balances considered for deferred tax impact on this course: o PPE, Investment Property, Intangible Assets, Inventory, Debtors, Creditors, Prepayments, Income in Advance, Provisions
o Professional accountants, auditors and tax practitioners. o Trainee accountants who may have a tax gap in their pool of audit knowledge. o All other financial professionals who need to be refreshed on their deferred tax knowledge.
A computer / laptop, a stable internet connection, audio equipment in the form of headphones or otherwise a built-in speaker and lastly a microphone (optional).