Tax Impact On PPA Flashcards
1
Q
How does the tax impact affect PPA?
A
When reporting PPA net of tax, the tax impact is subtracted from, not added to the prior period adjustment.
FAR 1- Accounting concepts > Tax Impact On PPA > Flashcards
How does the tax impact affect PPA?
When reporting PPA net of tax, the tax impact is subtracted from, not added to the prior period adjustment.
FAR 1- Accounting concepts (22 decks)