An Overview of Income Tax Accounting

A Professional Development Course

Earn 2 CPD Hours

For most accountants, the accounting for income taxes is outside their area of direct responsibility. However, as part of today's cross-functional teams, accountants are expected to have a broad understanding of all areas of accounting, including income taxes.

This short course was developed for accounting professionals who want to refresh or expand their technical skills.

Upon successful completion of this course, students will be able to demonstrate a basic understanding of the accounting for income taxes under International Financial Reporting Standards (IFRS).

Topics included:

  • Taxable income vs. accounting income
  • Tax base vs. book value
  • Temporary differences
  • Future tax assets and liabilities
  • Examples

Course Delivery

  • Upon registration, students will receive a link to the course.
  • To be eligible for the certificate of completion and the 2 CPD Hours, students are required to review the lesson notes, as well as complete one test with a minimum grade of 50%. Students are permitted two attempts to complete the test.
  • The certificate of completion will be issued once all requirements have been met.
  • Students are expected to complete this course within 30 days of registration (course access will expire after that period).
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