Does anyone have a good summary of the ‘need to know’ points for deferred tax? When i read the notes i think i understand but whenever it comes to a calculation I just seem to get every question wrong and get really confused between tax expense, taxable income, income tax payable, pretax income etc. its driving me crazy… Thanks!
honestly, just keep on doing practice problems until it clicks. i got a ton of them wrong until all of a sudden i caught on to the logic. you can do it glimmer!
thanks vbcfa- i will keep trying!! its just so frustrating…and i guess i can hope for just 1 or 2 qus on the actual exam!
you’re definitely going to see more than just 1 or 2 questions - that should be even more motivation to dominate that beast
yea…you’re right - no point in trying to hide…will hit the qus hard now!
Have a look at this, might help: http://www.analystforum.com/phorums/read.php?11,668059,668512#msg-668512
thx map1 - really useful!!