- 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
- Consolidators
- Chartered accountants, statutory auditors
- Finance, consolidation and accounting managers
- Users of financial statements
1 day
Tax proof training
Prerequisites
It is recommended that you have a thorough understanding of the principles involved in accounting for deferred taxes, for example by having taken the training course "Calculation and accounting of deferred taxes [FHCCID]".
Calculating and accounting for deferred taxes [FHCCID].
Mastering a complex environment
Objectives
◗ Acquire the principles needed to draw up the tax proof table
◗ Auditing a tax proof
◗ Understanding how to optimize the effective tax rate in an international group
Training program
◗ Tax reminder, tax proof philosophy and Effective Tax Rate
- Deferred tax accounting principles
- Permanent tax and consolidation differences
- Tax proof methodology
- The 3 sources of difference
✔ APPLIQUER | Case study: analysis of differences between accounting and tax income
◗ Tax proof analysis
- IAS12 requirements
✔ UNDERSTANDING | Review of listed groups' tax proofs
◗ Difficulties: deferred taxes and financial instruments
- Comparison of IFRS and tax treatment
✔ UNDERSTANDING | Summary table by financial instrument category
◗ Error detection
- How can I use tax proofs to detect errors?
✔ APPLIQUER | Case study
◗ Tax proof table construction
- Impact of permanent and consolidated differences
- Focus on the parent-daughter regime and tax-transparent companies
✔ APPLIQUER | Case study: tax proof at consolidated level
- Analysis of tax loss carryforwards
✔ APPLIQUER | Case study: tax proof and loss-making companies
- Tax credits, CVAE and additional taxes
- Provisions for uncertain tax positions (IFRIC 23)
- Special-rate transactions
✔ APPLIQUER | Case study: non-application of the standard rate
- Impact of foreign subsidiaries and withholding tax issues
✔ APPLIQUER | Case study: international tax evidence
- Treatment of variable carryover
✔ APPLIQUER | Case study: tax credits and variable carryforwards in tax proofing
Why choose this course?
This training course covers the principles of deferred tax treatment and their practical application through the preparation of the tax proof table. It provides a detailed overview of the practical difficulties encountered when drawing up the tax proof table and the corresponding solutions. Using concrete examples, it addresses the issue of optimizing the effective tax rate.
Teaching and assessment methods
Before : self-assessment quiz.
During the session: each point covered is accompanied by practical examples and published financial statements. Practical case studies, interactive quizzes and discussions during the session ensure that you acquire the knowledge you need.
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
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Tax proof training
Tax proof training
Tax proof training
Jonathan C.
Company
Training