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Basic Question 2 of 15
Deferred income taxes payable are shown on the balance sheet at discounted present value. True or False?
User Contributed Comments 2
| User | Comment |
|---|---|
| sarath | For the deferred tax payables the time value of money is ignored and they are shown on the balance sheet as HISTORICAL amounts. |
| johntan1979 | Deferred taxes payable = DTL (deferred taxes liabilities) Deferred taxes receivable = DTA |
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Learning Outcome Statements
explain how deferred tax liabilities and assets are created and the factors that determine how a company's deferred tax liabilities and assets should be treated for the purposes of financial analysis
CFA® 2024 Level I Curriculum, Volume 3, Module 9.