ACCA F7财务报告Income Taxes.ppt

Continued SFP Current liability current tax 383 500 SCI Income tax expense current tax 383 500 over-provision (53 000) 330 500 continued SFP Current asset income tax refund receivable 110 000 SCI Profit before tax (500 000) Income tax expense 110 000 Profit after tax 390 000 假定profit before tax 与taxable income相同 Continued At the beginning of 2011, the accountant found that the equipment acquired on Jan.1 2010 was recorded as administration cost. The equipment has five years useful life and no salvage value, costing $50 000. The company’s income tax rate is 30%. Dr. Equipment 50 000 Cr. Accumulated depreciation 10 000 Retained earnings 40 000对2010年税前利润低估的更正 Dr. Retained earnings 12 000 对2010年所得税费用低估的更正 Cr. Current tax 12 000 =40 000*30% Deferred tax is an accounting measure, used to estimate future tax consequences of transactions and events recognised in the financial statements of the current and previous periods. Only do this can match the tax effects of transactions with their accounting impact and thereby produce less distorted results，即我们如果记录和报告与当期纳税义务相关的所得税费用，所得税费用就没有与税前利润达到完全的配比，导致净收益的计量不准确。 Continued Continued Continued Continued Continued Continued Continued Continued Continued Continued Continued Continued Income statement method Focuses on the difference between taxable profit and accounting profit. Balance sheet method Focuses on the difference between tax values (tax base) and balance sheet values (carrying value) of assets or liabilities. (as required by IAS 12) F7 * F7 * Assets carrying amount tax base taxable TD × tax rate = Balance of DTL carrying amount tax base deductible TD × tax rate = Balance of DTA Non-future revenues Accrued revenues Future expenses Prepaid expenses assets Item Carrying amounts / tax bases liabilities Unearned revenues Future