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IAS 12 initial recognition of assets

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 12 initial recognition of assets

  • This topic has 1 reply, 2 voices, and was last updated 13 years ago by AvatarMikeLittle.
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  • November 8, 2012 at 6:34 am #55111
    Avatarsheikhshafiq
    Member
    • Topics: 9
    • Replies: 20
    • ☆

    if at initial recognition an asset is CU 100 and subsequently it is CU 80 we do not recognise any temporary difference at intial and subsequently then how temporary differences of assets occured in calculation of deferred tax if we do not allowed to recognise temporary difference subsequently. which differences are those?

    November 9, 2012 at 4:56 pm #106785
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Do you know, I cannot understand what on Earth you are talking about. Sorry

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