Proceedings of the 2014 International Conference on Management Science and Management Innovation

An Empirical Formula to Calculate Deferred Taxes in Balance Sheet Consolidation

Authors
Peng Zhao, Ying Ru
Corresponding Author
Peng Zhao
Available Online June 2014.
DOI
https://doi.org/10.2991/msmi-14.2014.23How to use a DOI?
Keywords
Consolidated balance sheet, Temporary differences, Deferred income tax assets, Deferred income tax liabilities, Offset entries.
Abstract
In the process of balance sheet combination, to confirm the amount of deferred income taxes offset entries quickly at any given time may need a concise method. An empirical formula was given on the basis of some relative principles. Three numerical examples about the internal inventories, fixed assets transactions and accounts receivable& payable were discussed to testify the correctness and effectiveness of the formula. Finally, we draw the conclusion that the formula can deal with the sum of deferred income taxes offset entries quickly as expected.
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Proceedings
2014 International Conference on Management Science and Management Innovation (MSMI 2014)
Part of series
Advances in Economics, Business and Management Research
Publication Date
June 2014
ISBN
978-94-6252-015-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/msmi-14.2014.23How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Peng Zhao
AU  - Ying Ru
PY  - 2014/06
DA  - 2014/06
TI  - An Empirical Formula to Calculate Deferred Taxes in Balance Sheet Consolidation
BT  - 2014 International Conference on Management Science and Management Innovation (MSMI 2014)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-14.2014.23
DO  - https://doi.org/10.2991/msmi-14.2014.23
ID  - Zhao2014/06
ER  -