Search results with tag "Asset acquisitions"
INTERNAL AUDIT REPORT ASSET MANAGEMENT
www.causewaycoastandglens.gov.ukRecording and accounting for fixed asset acquisitions and disposals, the identification, transfer and disposal of fixed assets Monitoring and safeguarding fixed assets acquired by the Council Insurance cover for Council assets. Background The Chief Finance Officer at the Council is responsible for recording assets within the Council. ...
Ind AS 103 Business Combinations Accounting Challenges …
www.wirc-icai.orgdifferences on asset acquisitions (on initial recognition). Ind AS prohibits recognition of deferred taxes for temporary differences that arise upon initial recognition of an asset or liability in a transaction that - i. is not a business combination and ii. at the time of the transaction, affects neither accounting nor taxable income.
A Roadmap to Accounting for Income Taxes - Deloitte
www2.deloitte.comAsset Acquisitions (2017) Common-Control Transactions (2016) ... 4.27 Using the Reversal of a DTL for an Indefinite-Lived Asset as a Source of Taxable Income 149 4.28 AMT Valuation Allowances 150 ... Allowance Is Required 166. A Roadmap to Accounting for Income Taxes 2.
Asset Acquisitions: Assuming and Avoiding Liabilities
www.pennstatelawreview.org916 PENN STATE LAW REVIEW [Vol. 116:3 proceeding to seek damages or compel the buyer to proceed with the acquisition? If the buyer wants to close, could it be held responsible for