2TaxAccou锤nting.docVIP

Chapter 2 Tax Accounting ? 　　Now let’s come to Section 2　　Accounting for Income Taxes　　Section 2 Part 1 　　Background and Definitions of Key Terms　　IAS means international accounting standard .The principal issue in accounting for income taxes is how to account for the current and future tax consequences of　　1.The future recovery of the carrying amount of assets （liabilities） that are recognized in an entity’s statement of financial position.　　2.Transactions and other events of the current period that are recognized in an entity’s financial statements.　　Income taxes include all domestic