IND AS 12 I Income Taxes I Concepts Current & Deferred Taxes
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IND AS 12 I Income Taxes I Concepts Current & Deferred Taxes
1 620 просмотров · 3 года назад
1FIN by IndigoLearn CA Final
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1 620 просмотров · 3 года назад
Do watch the complete video & share it with your friends also.
CA Suraj Lakhotia an expert faculty of Financial Reporting explains the full aspect of Income taxes - computation & disclosures w.r.t Ind AS 12 in this video. Do watch the complete video & share it with your friends also.
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Ind AS 12 (Indian Accounting Standard 12) is the accounting standard that deals with income taxes and their treatment in financial statements. It is of significant importance for CAs:
(i) Compliance with Reporting Requirements
(ii) Accurate Financial Reporting
(iii) Tax Planning and Decision Making
(iv) International Business Transactions
(v) Auditing Process Requirements
In summary, a thorough understanding and application of Ind AS 12 are crucial for CAs to fulfill their professional responsibilities, provide valuable advice to clients, and maintain the integrity and accuracy of financial reporting in the organizations they serve.
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