An Empirical Formula to Calculate Deferred Taxes in Balance Sheet Consolidation
Peng Zhao, Ying Ru
Available Online June 2014.
- https://doi.org/10.2991/msmi-14.2014.23How to use a DOI?
- Consolidated balance sheet, Temporary differences, Deferred income tax assets, Deferred income tax liabilities, Offset entries.
- 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.
- 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 -