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Deferred Tax Assets in Financial Accounting
8:22
YouTubeEdspira
Deferred Tax Assets in Financial Accounting
This video shows what a deferred tax asset is in Financial Accounting. Deferred tax assets reduce taxes paid in future periods (they represent future tax savings). Deferred tax assets result from temporary differences between book and tax income. This video provides an example to illustrate how a deferred tax asset could arise and the journal ...
208K viewsSep 26, 2016
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Deferred Income Tax Explained: Definition, Purpose, and Key Examples
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investopedia.com4 months ago
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investopedia.com2 months ago
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