The plan for this session is to spend time doing basic calculations of current tax and deferred tax in the South African context, to illustrate the principles from the standard.
Session 9:
• Section 29: Income Tax
o Requirements and concepts around current tax
o Requirements and concepts around deferred tax
o Substantively enacted tax rates
o Foreign tax implication on accounting, e.g. section 6Quat
o Disclosure
☒Financial managers
☒Auditors
☒Bookkeepers
☒Financial accountants
☒First year SAICA Trainees
☒Audit mangers
☒Audit partners
☒Engagement Quality Control Reviewers
