This video by Arif Irfanullah discusses the key aspects of income taxes, as a part of the CFA Level 1 syllabus. This is one of the most difficult sections in the CFA syllabus.
This video discusses:
- Accounting Profit, Taxable Income, and DTA
- Creation of Deferred Tax Liability (DTL)
- DTL and DTA
- Tax Base vs. Carrying Value
Related posts:
- Accounting: Deferred Income Taxes in Business Combinations
- Understanding the Income Statement: Part 1 ? Video
- CFA Level 1: Inventories ? Part 1 Video
- CFA Level 1: Long Lived Assets ? Part 1
- CFA Level 1: Inventories ? Part 2 Video
Source: http://financetrain.com/cfa-level-1-income-taxes-part-1/
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