H. Compare a companies deferred tax items Flashcards
1
Q
Analyxing deferrd tax item disclosures
A
DTL and DTA temp. diffs are reported on the BS - changes in those BS accts reflt in income tax expense on the income statement
Common ex’s of temp differences you may enocounter.
From accel. depr impairments Restructuring choice of inv. cost flow method psot-employment benefits and deferred compenstion Available for sale marketable securities
