The primary purpose of this study is to establish whether, by examining the responses to various pronouncements covering deferred taxation, a comprehensive theory of accounting can be said to exist in South Africa. Four case studies were conducted on the responses to the various pronouncements issued by the Accounting Practices Committee on deferred tax. The respondents to these pronouncements were surveyed to establish their perception and understanding of various aspects of accounting theory, deferred taxation and corporate management's influence on the accounting standard setting process. The results of the study indicate that, although the recognition of a positive theory of accounting cannot be conclusively shown to exist, certain of the factors that can be said to drive the accounting standard setting process are identified. A positive relationship is perceived to exist between the accounting standard setting process and management compensation. / Thesis (M.Com.)-University of Durban-Westville, 1993.

Thesis (M.Com.(Taxation))--University of Pretoria, 2008. / Abstract in English and Afrikaans. Includes bibliographical references.

The distinction between current and non-current assets and liabilities used in the presentation of financial statements has been challenged for well over the past two decades. Despite this, the distiction is still used today and appears to still have relevance. The purpose of this study is to evaluate and determine the most appropriate method of classification of deferred tax between current and non-current in the context of the objective of financial statements. This is important as information that meets the objective of financial statements is useful to users of financial statements, and might influence their economic decisions. Furthermore, the most appropriate method of classification will have a direct impact on working capital ratios as well as other ratios in financial reporting analyses. A literature review of technical issues together with insights collected from accounting lecturers and technical partners and/or directors by way of a descriptive survey have shown that the destinction of deferred tax assets and liabilities between current and non-current assets and liabilities meets the objective of financial statements. This is in terms of both the current IASB Framework as well as the proposed revised Conceptual Framework. Standard setters in the accounting arena should therefore consider the value such a distinction would add to users of financial statements. This distinction will have the biggest impact on preparers of financial statements, as information of sufficient detail would have to be readily available to enable them to provide users with more relevant information. Copyright / Dissertation (MCom)--University of Pretoria, 2008. / Taxation / unrestricted

The diploma thesis focuses on deferred tax. It characterizes this accounting category and describes various theoretical approaches to its calculation. It deals with its historical development and the current regulation of its recognition and presentation in financial statements. The thesis contains rules set by IFRS as well as Czech accounting legislation. It explains the most common situations where deferred tax liability and deferred tax asset arises. The practical part compares chosen theoretical knowledge with its practical application. It assesses correctness of presentation of deferred tax in practice. The thesis deals with the question whether accounting units make mistakes when presenting deferred tax and whether they provide sufficient additional information to users of financial statements. Significance of deferred tax in balance sheet and income statement is subject to interest too.

This diploma thesis deals with the deferred tax issue in the context of changing the US GAAP accounting system to IFRS. First of all, it summarizes the theoretical approaches to recognition, measurement and reporting of deferred tax and examines the factors, which could affect its appearance in the individual and consolidated financial statements. Then this diploma thesis focuses on the comparison between the US GAAP and IFRS rules regarding deferred tax accounting. The output of this comparison is demonstrated in a form of analysis table pointing to the fundamental conceptual differences. Next part of the thesis presents the first IFRS adoption issue in relation to IFRS 1, where the effect of the first adoption on the presented deferred tax is accentuated. After all, the findings from the theoretical part of the diploma thesis are applied in the practical example of PJSC LUKOIL, which had to change US GAAP to IFRS in 2014 due to the new legislation requirement. This last part examines the differential attitudes of both accounting systems to deferred tax and presentation and significance of deferred tax at the first IFRS adoption.

This thesis deals with the issue of deferred tax which is an important accounting area because it affects the amount of disposable profit. The theoretical part describes the income tax and explains the difference between current and deferred tax. It specifies the accounting legislation of the Czech Republic and International Financial Reporting Standards which relate to deferred tax. It analyzes the center and meaning of deferred tax, describes titles that lead to its creation. It explains the process of calculation, accounting and reporting of deferred tax. The practical part deals with titles leading to deferred tax, calculation, accounting and reporting of deferred tax in the given company. It refers to the effect on profit and profitability of the given company which is part of the analysis of deferred tax of the last three accounting periods.

Thesis (Ph.D.) - Carleton University, 2005. / Includes bibliographical references (p. 241-249). Also available in electronic format on the Internet.

Bank regulators limit the amount of deferred tax assets includable in the capital ratio calculations which measure the bank’s financial health. The increased balances in bank deferred tax assets after the beginning of the financial crisis raised concerns that applying this deferred tax asset regulatory capital limitation may contribute to the need for banks to raise more capital. Value relevance is the ability of information disclosed in the financial statements to capture and summarize firm value. Deferred tax value relevance literature generally omits the regulated industries. Because fair value accounting plays a much larger role the banking industry, the market value of a bank has a different relationship to its book value than its unregulated counterparts. Using annual bank data from 2004 through 2012 for publicly held banks in the United States, this study empirically examines the value relevance of the banks’ net deferred tax assets and liabilities over time (pre-crisis versus crisis periods). Findings indicate that although the deferred tax liabilities are value relevant in both the pre-crisis and crisis periods, the value relevance of the net deferred tax assets is limited to crisis period (increased net deferred tax asset balances). An additional test shows that investors view the increased levels of net deferred tax assets in relation to total assets as concerns about the bank’s financial health. This study also examines the whether investors value the net deferred tax assets of less financially healthy banks (low Tier I capital ratios) differently from the healthier banks. Findings indicate that the coefficient of net deferred tax assets for the less financially healthy banks is negative and significant. Using another measure of financial health (high probability of failure) finds similar results. This study extends the value relevance literature to the deferred tax accounts of commercial banks. It also shows that the deferred tax asset accounts are valued differently than the other assets, supporting the deferred tax asset limitation for capital ratio calculations. Finally, this study provides information useful to analysts’ valuations of the banks’ deferred tax accounts.

Diploma thesis deals with problems with accounting and presentation of income taxes, with their impact on accounting profit or loss and with the recognition of deferred tax in respect of czech accounting rules and International financial reporting standards (IAS/IFRS). The theoretical aspects are described at the beginning and the differences between the czech and international view of accounting for income taxes are identified. Theoretical aspects are accompanied by illustrative examples and applied on the practical analysis of final accounts of two companies -- Czech airlines and Travel Service. Analyzed accounting period is the same as the calendar year of 2009, which is compared with the year 2008.

Submitted in fulfillment of the requirements of the Degree of Master of Technology: Cost and Management Accounting, Durban University of Technology, 2014. / Economic Value Added (EVA) is a value based accounting measure used by companies to measure the amount of value created for shareholders. Accounting values derived from company annual financial statements (AFS), are used to calculate EVA. EVA requires the conversion of accounting values to economic values. This conversion process is known as the EVA adjustment. If accounting values are not converted to economic values, the value of the EVA can be distorted. Previous studies have shown that companies are experiencing difficulties in implementing EVA adjustments. To reduce these difficulties, companies have decided to limit their EVA adjustments to ten or even fewer. The problem is that if the appropriate adjustments are not made, an inaccurate EVA measure will be calculated. The aim of the research was to measure the impact of deferred taxes on the EVA measure. The study was conducted within a quantitative research paradigm. Secondary data analysis was carried out on JSE-listed Food producers and Retailers over a seven-year period, from 2004 to 2010. The unadjusted EVA was compared to the adjusted EVA measure to determine the before and after effects of deferred taxes on EVA. The findings of the study revealed that deferred taxes either understated or overstated the value of the EVA during 2004 to 2010. In addition, the results from the regression analysis revealed an overall significance for all deferred tax predictors. The regression results showed that deferred taxes significantly impacted the value of EVA. The study recommends that companies implement the deferred tax adjustment on the EVA measure.