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Deferred Tax (IAS 12) | Explained with Examples 

Counttuts
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In this accounting lesson, we explain what deferred tax is, and go through examples of calculating deferred tax. We explain and go through an example of permanent difference, temporary difference, deferred tax asset, and deferred tax liability.
Deferred tax definition: 00:00
Accounting profit vs Taxable profit: 02:56
Tax expense explained: 04:24
Current tax explained: 04:59
Permanent difference deferred tax Explained with Example: 05:42
Temporary difference deferred tax Explained with Example: 12:18
Deferred tax liability (Taxable temporary difference) explained: 15:52
Deferred tax asset explained (Deductible temporary difference): 17:38
Deferred tax calculation examples: 19:35
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16 июл 2024

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Комментарии : 141   
@marilynyoh7951
@marilynyoh7951 3 года назад
you are the most articulate accounting teacher ever. You deserve an award sir. You are rare a teacher most students wish for
@yebogogaz
@yebogogaz Год назад
Happy to see a South African video out there! Made my heart beat proud! Great Video! Thanks for saving me for my ACCA exam
@sinovee
@sinovee 4 месяца назад
God bless you since high school you've been helping me I'm in my 3rd year of accounting now and still here!
@justingray8919
@justingray8919 Год назад
An absolutely phenomenal video! As a student who works full time, you are a lifesaver. I often find my prescribed textbook throws a lot of information at once but you are provided such amazing guidance on this!
@noncedohope5111
@noncedohope5111 3 года назад
Never had someone explaining deferred tax like this. Thank yo so much.
@zandilecharlottemthethwa5637
@zandilecharlottemthethwa5637 2 года назад
I have never thought I will understand deferred tax like this, you just nailed it for me 🙌 The way explains this is 👌
@drrestoran3186
@drrestoran3186 7 месяцев назад
agree...
@zanelenonjabulo5117
@zanelenonjabulo5117 3 года назад
I always find it hard to understand accounting RU-vid videos but this is just perfect and clear ! Thank you !! 🤝
@xbhalohoop
@xbhalohoop 2 года назад
I am writing my CPA exams this September and IAS 12 was always a very difficult standard for me to understand. I can now say I know how to tackle IAS 12 in Accounting cases! Thank you
@nontokozosiphesihle5055
@nontokozosiphesihle5055 4 месяца назад
Made the topic easier to understand, thank you!
@wandatym5184
@wandatym5184 2 года назад
I just had to stop the video and write this. You are the best accounting teacher. The way everything is just clear when explain it. I've been struggling with deferred tax for a long time now.
@ghislainemonga866
@ghislainemonga866 2 года назад
Thank you so much this was so clear, I am currently doing 3rd year financial accounting (advanced accounting) and this is the first time I understand deferred tax 😂
@jackiecharlie8798
@jackiecharlie8798 2 года назад
Is this an online course?
@jackiecharlie8798
@jackiecharlie8798 2 года назад
Like Aat?
@phumelelepana814
@phumelelepana814 2 года назад
You and I same whatsapp group. He just uncomplicated my life.
@zukisanisitela3535
@zukisanisitela3535 3 года назад
The way you explain it, is so good !!! thank you so much
@motunrayogbebemiolayioye5182
@motunrayogbebemiolayioye5182 2 года назад
Your explanation is superb. I understand DT clearly now. You're a great teacher
@washeemkalideen1669
@washeemkalideen1669 3 года назад
Best one .. simply explained with such clarity 👌
@warurumurugi2698
@warurumurugi2698 3 года назад
This is what ave been looking for for Soo long. Thanks I got the information. Simple and clear.
@charitymothapo9096
@charitymothapo9096 2 года назад
you are a God sent sir....i thought deferred tax was a monster. Thank you so much, with you i will surely complete this degree
@violatshali7314
@violatshali7314 3 года назад
Outstanding teaching skills Sir 🔥🙏🏽
@sparaxsparax8557
@sparaxsparax8557 3 года назад
Great explanation and you made it easy to understand deferred tax. It was easy to attempt the examples on my textbook after I have watch this video. Thanks man!!
@CelestedeVries
@CelestedeVries 2 года назад
Thank you very much! Best deferred tax explanation I have ever listened to.
@hildenhawala5153
@hildenhawala5153 3 года назад
I love this explanation👏👏👏
@seh1759
@seh1759 3 года назад
Yoh... Sir , you're legit ❤️💯👏👏👏I wish you'd be my for all time financial and management accounting lecturer
@rmusic8969
@rmusic8969 5 месяцев назад
This is a difficult topic, but you explained it very clearly.
@douglasmukuma7393
@douglasmukuma7393 Год назад
Very articulate indeed. you have cleared all questions on the standard. I would like to follow you on other topics.
@anirudhj571
@anirudhj571 Год назад
oh my god!!! this made my taxation chapter very easy!!! thanks a ton.
@cnaasirshire353
@cnaasirshire353 3 года назад
You're So much thanks for clarfications and Simply undersanding
@zxxxrain8070
@zxxxrain8070 3 года назад
You never disappoint!
@danielzivavose49
@danielzivavose49 3 года назад
MARVELLOUS.... THANK YOU SO MUCH. I ENJOYED THIS SESSION. IT MADE EVERY CHALLENGE DISAPPEAR
@vincychan6174
@vincychan6174 3 года назад
Thank you for your video! You make deferred tax much easier to understand :-)
@feliciamudzi6161
@feliciamudzi6161 3 года назад
Much appreciation .you are great tutor.
@JROTGC
@JROTGC 2 года назад
I have a better understanding of this IAS 12, now onto the complex stuff, i hope the same guy explains them as well kkk, he is good.
@danielhambadja1217
@danielhambadja1217 3 года назад
great explanation.
@maridevskey
@maridevskey 2 года назад
Great vid. Thank you sir! I loved the examples. Very helpful. Watching from Germany for my accounting exam
@muhibbulhaq9977
@muhibbulhaq9977 2 года назад
Brilliantly explained. Kudos!
@adelaidekgaphola7683
@adelaidekgaphola7683 2 года назад
Well explained, thank you sir. You make them look easier ❤❤
@joramkemboi4790
@joramkemboi4790 2 года назад
Beautiful presentation and very clear
@phumelelepana814
@phumelelepana814 2 года назад
Thanks a lot sir. Very happy with this session, i benefited a lot.
@natashasewchand6447
@natashasewchand6447 3 года назад
Thank you so much ! This video was well explained and very helpful 👏
@zinhleskosana2847
@zinhleskosana2847 2 года назад
I'm so grateful for this video, thank you so much 🥺
@BradleyMapa-dk8xb
@BradleyMapa-dk8xb Год назад
Really helpful to my question. Thank you so much sir for your well explanation on deferred tax.
@tadiwagoremusandu6212
@tadiwagoremusandu6212 3 года назад
Wow!! Well explained
@tapiwamafuta8049
@tapiwamafuta8049 3 года назад
Great explanation
@rahulbathwal4658
@rahulbathwal4658 3 года назад
Your explanation is very clear
@roguenjgaming5189
@roguenjgaming5189 10 дней назад
Brilliant video. Explained very well. Thank you!
@aguhamaka5685
@aguhamaka5685 2 года назад
Great lecture. Very helpful.
@financefuturewellshoes2536
@financefuturewellshoes2536 2 года назад
Very good teaching with easy understandable examples
@jasminjaffar9557
@jasminjaffar9557 2 года назад
Amazing explanation sir, thank you so much.
@loraxoxo1880
@loraxoxo1880 3 года назад
Thank you so much your explanation really helped me understand
@sithembisoxaba9055
@sithembisoxaba9055 3 года назад
Great explanation 👌 thanks
@rumbidzaihondoma8298
@rumbidzaihondoma8298 3 года назад
well explained thank you
@victorsanya5324
@victorsanya5324 Год назад
Simple and clear ❤
@narcaware3651
@narcaware3651 3 года назад
thank you. this helped alot I now understand
@kalibbalabruno9405
@kalibbalabruno9405 Год назад
Thank you. Great insight.
@paulmukoki6156
@paulmukoki6156 2 года назад
Good and clear explanation. I am impressed.
@paidamoyogloriamupeti1019
@paidamoyogloriamupeti1019 2 года назад
Well understood. Thank you very much
@user-iy7zs9go8t
@user-iy7zs9go8t 3 года назад
thank you Mr!! helped a lot
@aahargroups3348
@aahargroups3348 2 года назад
Thank you so much for making this video.
@thusozakhele7583
@thusozakhele7583 3 года назад
Well explained you are a very good lecturer
@audreyrebu2999
@audreyrebu2999 Год назад
Thank you the tutorial was simple and clear.
@dessieh6367
@dessieh6367 2 года назад
Excellent Tutorial
@amandazondi1496
@amandazondi1496 3 года назад
Great explanation... Follow up videos
@sannah1224
@sannah1224 3 года назад
Thank u i am 12 i am really curious and i aspire to become CA i asked papa since he is CA i understood only 75% but now i understood 100% thank you😀
@MeMe-ef3bq
@MeMe-ef3bq 2 года назад
Thank you so much sir… really appreciate… from Nigeria 🇳🇬 💪🏾💪🏾
@Fenty966
@Fenty966 2 года назад
You are an angel😍 thank you so much
@Abramfares
@Abramfares Год назад
very good explaination,thank you
@chidochashemanyati9012
@chidochashemanyati9012 3 года назад
well explained!
@couch_potato1914
@couch_potato1914 Год назад
very helpful, thank you very much!
@gumaportiadineo9087
@gumaportiadineo9087 Год назад
Thank you, i now understand deffered Tax
@thula14
@thula14 3 года назад
Thank you somuch it so clear
@alfredrolihlahla908
@alfredrolihlahla908 2 года назад
I love this thank you very much nice explanation
@sheillazwomuya8594
@sheillazwomuya8594 2 года назад
Thank you for the video
@Ctizen_sK
@Ctizen_sK 4 месяца назад
Sir Thank you very much. You saved me.
@nikkaobenario436
@nikkaobenario436 2 года назад
Thank You Sir 💓💓💓
@thabanimbono6740
@thabanimbono6740 3 года назад
Best of the best
@adebayoadeola5363
@adebayoadeola5363 3 года назад
good explanation
@banelemkhaliphi623
@banelemkhaliphi623 Месяц назад
you're the best.
@Heartsinmelody
@Heartsinmelody 4 месяца назад
Awesome video
@user-ve5tm7xc7e
@user-ve5tm7xc7e Год назад
Thank you so much i understood better
@memorychigwanda9615
@memorychigwanda9615 Год назад
Well explained
@gracemambanda5167
@gracemambanda5167 Год назад
this is perfect 🤗💥
@elizabethyeboah1733
@elizabethyeboah1733 11 месяцев назад
Wow thank you Sir
@onelise_
@onelise_ Год назад
You are the best in the world 🌍 🤞🙌
@nhlanhlalokotfwako2051
@nhlanhlalokotfwako2051 3 года назад
Good tutoring video
@thabisilembokazi1706
@thabisilembokazi1706 Год назад
Wow, You have made this so easy for me to understand. I am writing my PE in June this will help
@Counttuts
@Counttuts Год назад
Best of luck!
@Tammy_3_0
@Tammy_3_0 3 года назад
Thank you
@princefredjrchonza5967
@princefredjrchonza5967 2 года назад
Thank you.....
@pambaboniface1199
@pambaboniface1199 Месяц назад
Thanks very much
@lollamin1192
@lollamin1192 3 года назад
My favourite 🤩 😩💯❤️
@elikemloh9896
@elikemloh9896 3 года назад
thank you
@thatopule9021
@thatopule9021 2 года назад
You are the best🥰🥰
@elijahmaina8879
@elijahmaina8879 2 года назад
very very satisfying...
@clementinemashigo9708
@clementinemashigo9708 2 месяца назад
very helpful
@BradleyMapa-dk8xb
@BradleyMapa-dk8xb Год назад
We want more from you Sir
@justusjohannes
@justusjohannes Год назад
Thank alot
@juliuskconsult
@juliuskconsult 3 года назад
DEFERRED TAX MADE EASY
@joramlinus4138
@joramlinus4138 Год назад
best tutorial indeed. but I have a question. why do we calculate deferred tax or what is the importance of deferred tax? thank you in advance.
@billywang3829
@billywang3829 3 года назад
South Africans are always the best at accounting
@priscanyamande9345
@priscanyamande9345 2 года назад
very profound..found this a few hours before exam and am good to og
@kearailo
@kearailo Год назад
Thank you for this detailed and informative video #new_subbie
@warurumurugi2698
@warurumurugi2698 3 года назад
You promised to do another video on deferred tax when there are opening balances. We are still waiting
@shareyourtestimony6605
@shareyourtestimony6605 11 месяцев назад
In the permanent example, if there is a temporary expense do we add or substrate and the deferred as well?
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