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Deferred Tax

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Deferred Tax

  • This topic has 2 replies, 2 voices, and was last updated 10 years ago by Avatarkayfabuacca.
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  • August 7, 2015 at 10:03 am #266011
    Avatarkayfabuacca
    Participant
    • Topics: 9
    • Replies: 39
    • ☆

    How do we utilize deferred tax asset?

    August 7, 2015 at 10:14 am #266014
    Avatarseagoat
    Member
    • Topics: 22
    • Replies: 572
    • ☆☆☆☆

    Against expected future profits.

    So for example if a company has been making loses for couple of past years and they recognise Tax Asset it is kinda wrong because they won’t be able to utilize it. So the assets will overstated.

    August 7, 2015 at 2:06 pm #266075
    Avatarkayfabuacca
    Participant
    • Topics: 9
    • Replies: 39
    • ☆

    thanks for the solution.

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