Accounting Alert Philippine Financial Reporting Standard for Small and Medium-sized Entities November 2010 Member firm within Grant Thornton International Ltd page 2 Accounting…
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item. Applies to: Any business organization having Deferred Tax Implemented. This is applicable…
1 Income Taxes I. General Objectives A. Matching –Provide a proper matching of earnings and income tax expense This means the financial statements convey an accurate picture…