Description
The evaluation of deferred taxes is a particularly technical phase of the consolidation process which requires in-depth knowledge and a rigorous methodology. This comprehensive training built around practical cases and scenarios allows you to acquire the knowledge and above all the methods and mechanisms to apply to evaluate and account for your deferred taxes.
Who is this training for ?
For whom ?
Consolidator, accounting and financial manager responsible for or participating in the calculation and accounting of deferred taxes.
Prerequisites
None.
Training objectives
Training program
- Integrate the issue of deferred tax
- Why recognize deferred taxes.
- French rules (ANC Regulation 2020-01) and international standards (IAS 12).
- Notions of temporary difference and permanent.
- Concepts of book value and tax value.
- Evaluate and recognize deferred taxes
- The determination of deferred tax bases resulting from: differences between taxation and individual accounts; restatements; intra-group eliminations; business combinations (valuation differences); carry-forward losses.
- Applicable rates and rate changes.
- The conditions for offsetting tax assets and liabilities.
- The recognition of a deferred tax asset and/or liability.
- Take into account the impact of tax integration
- Reminder of the characteristics of the tax consolidation regime.
- Impacts of restatements and eliminations on deferred tax.
- Application of the neutrality method.
- Construct the tax proof and complete the annex
- Examination of differences in reconciliation.
- Treatment of tax credits.
- Construction of the table at subsidiary and group level.
- Effective rate and reconciliation with the legal rate.
- The presentation of taxes in the cash flow statement.
- Taking into account tax risks.
