COURSE OBJECTIVES: This course covers the accounting entries and disclosure requirements related to the UK corporation tax system for both current tax and deferred tax. For deferred tax the emphasis is on methodology and the differences in methodology between FRS 19 and IAS 12 will be explored.
At the end of the course, participants will benefit from an understanding of the link between the corporate tax computation and the current/deferred tax provisions in the financial statements and from an understanding of the similarities and differences in approach between the UK and the international accounting standard.
COURSE CONTENT
- An overview of the UK corporate tax regime
- FRS 16 - Tax in Company Accounts
- Accounting for deferred tax
- FRS 19 - methodology and detailed provisions
- IAS 12 - methodology and detailed provisions
- Case studies
WHO SHOULD ATTEND
This is an essential course for both tax and accounts department staff involved at the year-end to appreciate the others role and needs and facilitate communications – both those new to the area and those that need a refresher in the accounting standards.
The course is appropriate for those who have a good basic knowledge of both corporation tax and accountancy.
"Examples were good and working through them helped."
"The course was very well presented, the content was exactly what I expected and needed. The facilities in the course location were superb and the nice lunch was an important part of the day." Anglian Water Group
Would you like this course run in-house? Call us on 0207 566 8207 to find out more