|
- UID
- 223268
- 帖子
- 214
- 主题
- 87
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-19
|
2#
发表于 2011-7-11 18:37
| 只看该作者
1. DTL / DTA arise due to temporary differences in financial / tax reporting
2. if tax expense (financial reporting) > tax payable (tax reporting), DTL created. think of the liability side of the balance sheet, if tax expense (reduction in equity) > tax payable liability recorded on the balance sheet, you would need a third entry to balance the transaction. that third entry is creation of the DTL.
3. if tax expense (financial reporting) < tax payable (tax reporting), DTA created. again think of the liability side of the balance sheet, if tax expense (reduction in equity) < tax liability recorded on the balance sheet, you would need a third entry to balance the transaction. that third entry is creation of the DTA on the asset side.
4. they are "deferred" because they are expected to reverse in future (temporary diff). so if you record a DTL, you will pay more taxes in future than what you will record as your tax expense in that future period(s). |
|
