Board of Directors: Why do the deferred tax assets did not move - TopicsExpress

Board of Directors: Why do the deferred tax assets did not move since January through September. Me: We will leave it to the audit (PriceWaterhouseCoopers) as stated in IAS 12: Income Taxes paragraph 12.47 where DTA&L should be measured at the tax rates that are expected to apply to the period when an asset is realized or the liability is settled, based on tax rates/laws that have been enacted by the END OF THE REPORTING PERIOD. and par. 12.51 The remeasurement should reflect the entitys expectation, AT THE BALANCE SHEET DATE. BOD: tameme mode :) Done with regular board meeting. Thank you LORD for helping me answering them.

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