IAS 12 Income Taxes: Summary - applies in 2025

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Visit our website for great discussion with many practical advices on this standard. Content of this video:
Introduction: 00:00
Objective of IAS 12: 00:21
Key elements to understand IAS 12: 02:16
Current income tax: 04:14
Current vs. deferred income tax: 05:16
Deferred tax - Overview: 06:17
Deferred tax - Tax base: 06:46
Deferred tax - Temporary differences: 08:15
Deferred tax - Measurement: 10:01
Deferred tax - Recognition: 11:06
Deferred tax - Presentation and disclosures: 12:14
This is just the short executive summary of IAS 12 and does NOT replace the full standard - you can see the full text on IFRS Foundation's website.
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#IFRS #ifrsaccounting #IAS12
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What level does your material cover up to? I want to purchase your package but I'm unsure how it relates to the accounting program here in South Africa

ashlinchetty
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I am a big fan of your work. Just pointed out the error for betterment. Lots of prayers and love for your hard work

uj-
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Best video on deferred tax I have ever watched. Thank you.

iqbalahmed
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Thank you for the beautiful presentation.

kkjnaim
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Really, thanks Silvia, my greatest guidelines ❤❤❤

gezahegnetekle
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What a valuable materials! So admiring your work!

lubomirstamenov
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sjvjithu
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Good day, how can your lecture be followed in sequence relatively to a particular topic

adebayobambe
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diegomoreira
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Hey I really appreciate for making and sharing this video 👍👍

chandrakanth
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Good evening Silvia!
Recently IASB amendment IAS 12, what are the key amendment ?

saverykong
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Dear Silvia, are the following terms synonyms? Income Tax, Income Tax expense, Tax expense. I do not understand if these terms mean the same thing.

catalinblesnoc
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At 9 minutes there is an error while explaining deferred tax liability and deferred tax asset. Taxable temporary difference arises
- If the carrying value of an asset is greater than its tax base OR
- If the carrying value of a liability is less than its tax base.

The concept is other way around in case of deferred tax asset. Same conditions doesnt apply for asset and liabilities rather its contrary.

uj-
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Thanks for making this video! Much appreciated!🩵

dyeni
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