About this Seminar

This course will provide you with an introduction to IAS 12 Income Taxes. The course covers the following:

  • How to calculate current tax

  • How to calculate deferred tax

  • Recognition and measurement principles applicable to tax assets and tax liabilities

  • How to account for changes to deferred tax assets and/or deferred tax liabilities

  • Circumstances in which an entity can offset and present tax balances on a net basis

  • Preparing the disclosures required in respect to income tax items.

How this seminar can help your business

Accounting for income taxes can be complicated because accounting profit is generally not the same as taxable profit and accounting and taxable profit are determined using different rules. This course will provide you with an introduction to IAS 12 through the use of worked examples and other illustrations.

Meet your course instructor

IFRS Instructor

Aletta Boshoff

Aletta is an Advisory Partner and National Leader of IFRS & Corporate Reporting at BDO in Australia. Aletta has over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting, auditing and assurance and taxation at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent several years as a Project Manager at the Australian Accounting Standards Board (AASB).

IFRS Instructor

Dean Ardern

Dean has been advising on IFRS and other financial reporting matters for over 15 years. Having worked with a range of clients in both the for-profit and not-for-profit sectors, Dean understands the challenges preparers face. Dean has presented academic and professional training seminars and published papers on various topics in financial accounting and reporting in Australia and internationally. Dean has also participated in various professional liaison and working groups, including the AASB’s Disclosure Initiative Project Advisory Panel and the Institute of Actuaries of Australia’s Insurance Accounting Standards Committee.