Page 35 - Financial Accounting 1 ITC Preparation June 2018
P. 35

ITC EXAM PREP – JUNE 2018




                                                  IAS 12 Income taxes












                                                                                       Exempt (permanent)

                      Temporary differences                            VS                      differences

                                                                                       (non-taxable and non-

                                                                                               deductible)










                                 The impact of the ABOVE on the financial


                                                 statements is important:














                                                                                                                                   35
   30   31   32   33   34   35   36   37   38   39   40