- IFRS consolidation - Accounting production: How to produce IFRS consolidated financial statements
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- Tax consolidation - Deferred tax, tax proof, tax consolidation
- IFRS - International Financial Reporting Standards (IFRS)
Mastering a complex environment
Target audience
- Consolideurs
- Experts comptables, Commissaires aux comptes
- Fiscalistes
- Responsables financiers, consolidation et comptables
1 day
Deferred tax accounting training
Prerequisites
No prior knowledge is required.
Objectives
Be able, under both IFRS and French rules, to :
◗ Determining deferred taxes
◗ Auditing deferred taxes
◗ Accounting for deferred taxes in the balance sheet, income statement or equity
Training program
◗ Deferred tax issues
- From current tax to economic tax
- Sources of deferred tax
- Permanent tax and consolidation differences
✔ APPLIQUER | Case study: deferred tax and tax loss
✔ APPLIQUER | Case study: temporary differences and permanent differences
◗ Recognition of deferred taxes
- Balance sheet approach
- Difference between tax value and book value
✔ EVALUATE | Quiz: for each situation presented, should we recognize a deferred tax
deferred tax asset, a deferred tax liability or no deferred tax at all?
- Determining deferred tax bases
- Applicable rates and impact of a rate change (treatment of variable carryforwards)
✔ APPLY | Case study: application of the balance sheet approach to the accounts of
of "Sigma Participations".
◗ Accounting for deferred taxes
- Conditions for offsetting assets and liabilities
- Conditions for recognition of deferred tax assets and liabilities
- Deferred tax and goodwill
- Deferred taxes and shareholdings
✔ APPLY | Case study: recognition of a deferred tax asset
✔ UNDERSTANDING | Review of tax notes of listed groups
◗ Taxes and interim decrees
- Determination of Effective Tax Rate (ETR)
- Review of deferred tax assets (DTA)
✔ UNDERSTANDING | Illustration: determining the TEI at half-year closing
◗ Disclosures: the requirements of IAS12
- Deferred tax assets: recognition criteria and unrecognized deferred tax assets
- Tax proof: method and its two presentations
- Other disclosures
✔ APPLY | Case study: sources of deferred taxes for the company "Sigma Participations".
✔ UNDERSTANDING | Review of tax proofs for several listed groups
◗ The impact of tax consolidation on deferred taxes
- Principles of tax consolidation in France
- Impact on deferred taxes
✔ EVALUATE | Quiz: which companies can be part of a tax consolidation?
Why choose this course?
Determining deferred taxes is a complex subject on the borderline between accounting and taxation. It is also a key step in the consolidation process.
This training course provides an effective methodology for identifying, accounting for and monitoring deferred taxes.
Teaching and assessment methods
Before: self-assessment quiz.
During the session: each point covered is accompanied by real-life examples and published financial statements. Case studies, interactive quizzes and discussions during the session ensure that knowledge is acquired.
Afterwards: documentation.
The trainer is available to answer any questions relating to the training.
General training | FinHarmony Conseil & Formation
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Price
1,295€ EXCL. TAX
Testimonials
Deferred tax accounting training
Deferred tax accounting training
Deferred tax accounting training
Jonathan C.
Company
Training