Deferred tax I – basic principles | KPMG Business Institute

Accountants, analysts, and internal audit or economic department employees who want to get some practical training in these topics

Income taxes and their reporting
Deferred tax under CAS and IFRS
All about income tax for deferred tax purposes
Deferred tax – basic principles of calculation
- Temporary vs. permanent differences
- Tax base
Procedure for calculating deferred tax and determining deferred tax on most common items (provisions, adjustments, differences between the book and tax values of fixed assets, tax losses carried forward)
Recognition of deferred tax assets and related changes in estimate

During the course, you will:

Understand the nature and logic of deferred tax
Become able to identify from the calculation of current tax the areas that give rise to deferred tax and calculate deferred tax (the principle of calculation is identical for both Czech accounting legislation and IFRS)
Know whether it is possible to recognise a deferred tax asset.

KPMG Česká republika, s.r.o., Pobřežní 1a, Praha 8

The fee includes training materials and refreshments. The training will be conducted in Czech.

For attending this training course, you are eligible to gain 4 of CPD points.