Product Image

IFRS: Income Taxes (IAS 12)

Publisher: AICPA
Availability: Online Access
See Below To Add To Cart
View Online Catalog
Print This Page
Available Formats:  On-Demand | See All

AICPA's IFRS Certificate Program

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the basic training, knowledge, and practical guidance in international accounting standards that are necessary in today's global business environment. Credit for individual courses purchased can be applied to the full program. Click here for information on the complete program.

The purpose of this course is to familiarize you with the guidance on accounting for income taxes as described in IAS 12, Income Taxes. The objective of IAS 12 is to prescribe the accounting treatment for income taxes

Learning Objectives
When you complete this course you will be able to:

  • To demonstrate an understanding of temporary differences, both taxable and deductible, and to be able to account for their effects on future taxable income
  • To calculate the appropriate balance for tax expense, deferred income tax liability or deferred tax asset, and current tax payable for the end-of-period financial statements
  • To be able to properly classify deferred tax assets and deferred tax liabilities on the statement of financial position
  • To be able to determine the proper accounting for tax loss carrybacks and carry forwards
  • To be able to determine the proper tax rate to be used in the calculation of deferred tax amounts

Prerequisite: None

Advanced Preparation: None

Note: Accessible immediately after completing the purchase process on

NASBA Field of Study: Accounting
Level: Basic
Recommended CPE Credit: 2
IFRS: Income Taxes (IAS12)
IFRS: Income Taxes (IAS12)
CPE On-Demand
Product# 159747
Availability: Online Access 1 Year
For registered users only
AICPA Member:$50.00
Your Price:$70.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.