Associates and deffered tax assetForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Associates and deffered tax assetThis topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 2, 2017 at 11:15 pm #375199 gentyMemberTopics: 27Replies: 33☆☆Greetings MikeWhat is the risk when dividends are received from the associate? And the accounting for it.When is deffered tax asset recognised? March 3, 2017 at 7:40 am #375234 MikeLittleKeymasterTopics: 27Replies: 23277☆☆☆☆☆“What is the risk when dividends are received from the associate?” – I’ve no idea!Possibly the dividend is not paid by the associate out of distributable profits and is therefore illegal?Possibly wrong accounting? (Dr Cash, Cr Investment Income)Maybe inaccurate calculation by the associate?“When is deffered tax asset recognised?”Very rarely!When the tax written down value of an asset exceeds the carrying value of that assetOK?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘Associates and deffered tax asset’ is closed to new replies.