IAS 12: Income Taxes

Contents:

1. What is Current Tax?
2. What is Deferred Tax?
3. Calculation of current tax
4. Over provision and under provision in case of current tax
5. Computation of current tax based on statement of profit or loss and other comprehensive income in excel sheet
6. Concept regarding deferred tax assets and deferred tax liabilities
7. Calculation of deferred tax based on statement of profit or loss and other comprehensive income with practical example
8. Deferred tax implication in case of item of other comprehensive income

Who would be benefited after this training:

1. Management Trainees
2. Accounts/Finance Executives
3. Manager/Sr. Manager (F & A)
4. Tax and VAT consultant, legal consultant
5. Professional students, like, CA, CMA, ACCA, CGA, CFA, CS
6. Anybody who is interested

Importance of this training: 

As a chartered Accountant, I am in expert in this field. I am working more than 13 years in various industries. In addition, I am working more than 8 years as a professional trainer in local and foreign Country.  As a practitioner-chartered accountant, I have found mistakes in audit clients that they do not prepare in their accounts in proper way due to lack of professional knowledge. Besides, in financial statement presentation, there is also lack of proper disclosure. Apart from these, there are lots of misconception regarding current tax and deferred tax as per IAS 12 (Income Taxes).

In this training, you will get a clear concept regarding current tax and deferred tax as per IAS 12 (Income Taxes) and so that you will be able to calculate current tax and deferred tax for your company and for your client.