He just turned a complex topic in to simple chapter. beautiful. thank you

Thank you so much Richard for breaking down this standard .I now understand it

@TabaldiEducation

11 күн бұрын

Glad to hear it!

South African accountants are always worth a watch.

I have to admit, I love this Intelligent man. You Just made a concept I thought was difficult very simple for me... Thumbs up.

@TabaldiEducation

7 жыл бұрын

Hi Phillip Thank you for your kind comments there - The Tabaldi Team

Hi Moe, yes we are from South Africa. Thanks for the kind words, we are glad you like the video. We are working hard to put out more videos. We have not based our accounting videos on any specific tax legislation. The tax legislation changes regularly and is different around the world so in our illustrations we tell you what the scenario is for that example only. Thanks

Ooh my God i have not covered this section yet, but i can recorgnize some of the accounts names what they stands for. I love your teaching. You sound so brave with your explanation God blessed KZreadrs for some of this video.

I reside in Cape Town and I'm in 3rd year BCompt. I'm currently on the chapter dealing with deferred tax in my studies and I must say your video has been a huge help to me in clarifying some particular issues that were confusing me. Thank you so much!

Excellent discourse. Thank you. Better explanation than most texts.

11 years later, content is very relevant, big up🎉

@TabaldiEducation

3 ай бұрын

Glad you found it helpful!

@parkashmagar8468

3 ай бұрын

isn't there many things has been changed now how could this be helpful can you explain it

@bhekaphakathi3509

3 ай бұрын

Yes, things might have changed, but the concepts are still the same. In terms of what are doing, how are we doing it and why is it being done, then study the latest version to grasp the changes

@TabaldiEducation

3 ай бұрын

Exactly as you say,@@bhekaphakathi3509! IAS12 has not changed in the last decade. The principles are still exactly the same. The tax rates have changed.

Very well explained. Difficult concept explained very simply.

Great Tax Expense teaching material ! It help me a lot. Thank you so much

Hi, thanks for the great lecture on the principles of IAS12 it has really assisted me in understanding the concept of Deferred Tax.

The basic principle of calculating deferred taxes using the international standard IFRS is done effectively in this video.

It's really happy learning. Thanks

Thank you very much! Your explanation a lot easier to understand than in my IFRS lectures! God bless you

@TabaldiEducation

8 жыл бұрын

+Arnur Akhmetov Thank you for your comment. We are pleased that you found these lectures helpful.

This is probably the best video I have seen to simplify the concepts around taxes ! Thanks so much for uploading !

@TabaldiEducation

9 жыл бұрын

Thank you Predgit for the encouraging comment ! We are always adding new courses on our website www.tabaldi.org for the IFRS standards. Best of luck with your studies.

Thanks so much for this. I sure have some more clarity

Quite understandable ,u are a very good lecturer

Thank Richard you legend! my exam worries will now be deferred till later on in life!!

@TabaldiEducation

7 жыл бұрын

ha ha ha and so it goes. Thanks for your comment The Tabaldi Team

Your teaching is quite helpful. I had never understood DTA & DTL until I watched your teaching video. Thanks so much!

@TabaldiEducation

9 жыл бұрын

Thank you Cindy. We are glad that we could help.

Wow... let me say that this video was so helpful. English is not my first language, so watching these have saved me a lot reading time. Thank you so much.

@TabaldiEducation

10 жыл бұрын

Thank you Anatananarivo201, we are glad that we could assist with your studies.

Thanks It make easy to understand part of IAS12

very helpful. what a great teaching skill do you have! you made it very simple such complicated fragment. thank you very much for your contribution

@TabaldiEducation

8 жыл бұрын

+Alemayehu Mesele Thank you for your kind comments and we are pleased that you found these videos helpful and care

Glad we could help Anthony, not an easy topic.

Excellent explanation!

Great Lecture. Thanks alot. Was very helpful.

BEST EXPLENATIONS EVER... I AM STUDYING FOR ACCA AND WITH THIS VIDEO I REALLY UNDERSTAND DEFFERED ISSUES

@lemonsherbert8915

3 жыл бұрын

Hello, I am studying ACCA as well, only started this week but I'm writing sbr,sbl in june, then my electives(afm, still deciding on the 2nd one) in sept. Do you by any chance know a community of RSA students, that I can be part of, or start one ourselves?

Thank you !! It is really helpful

Thanks mate, you explain this very well.

@TabaldiEducation

8 жыл бұрын

Thank you Tobie Gardner, we are glad you found this helpful - good luck with your studies

Thanks for the question. The accounting depreciation is added back before deducting the tax depreciation (capital allowance). That is to say, we reverse the accounting depreciation (2,500 year 1; 2500 year 2) and then deduct the tax depreciation (5000 year 1; zero in year two). Please note that this example is not built on actual tax law enacted in any country, but is uses the example that for this specific asset the tax authority allowed a 100% depreciation (capital) allowance in year 1. Thanks

Extremely clear. Good explanation. Thank you!

@TabaldiEducation

Жыл бұрын

You're welcome!

Really helpful thank you.

you have just made deffered tax easy for me...thank you

@TabaldiEducation

Жыл бұрын

We're glad to hear it!

At 9:55 why is it a deductible temporary difference when it increases taxable income?

thanks u just made my life easy

Hi Lutho, in 2011 we increased the tax expense and therefore debited tax expense and credited liability. It can sometimes be a bit confusing, just remember that in this example we increase taxable income in 2011 (decreased in 2010), and therefore increase tax expense in 2011 (decrease in 2010). Hope this helps?

Great Lecture - Thanks.

Hi Christine, we are looking at doing more of these and then possibly doing DVD's.... keep following (sorry we are a bit slow in getting more up at the moment)

How did you determine that TD in 2010 is taxable and deductible in 2011?

wow you are the best.

can we adopt this SOFP approach in case the profit before taxes are different in two financial years? Since you have illustrated with constant profits at two years, how will you reconcile tax in case profit is different since it is complex in real life situation to have the same amount of profits.

Thanks. But how do you know the Tabaldy tree.

Ohhh... I was worrying about Def. Tax.. great explanation .. thanks

@TabaldiEducation

8 жыл бұрын

+HARSHA HEWAWASAM Thank you for your comment - glad you where helped by this video.... Best with your studies The Tabaldi Team

@harshahewawasam1026

8 жыл бұрын

Thank you very much

Brilliant!

thank you it was helpful

Thank you very much just one question... Why do you add the depreciation to the taxable income? Isn't it the role of depreciation to lower the taxable income? I could understand if you've added the remaining value of the asset after depreciation which is 2500 but in this case it would be zero in 2011 and not 2500... Could you explain? Thanks!

Great job

Thanx a lot...... U are a life saver.....

@TabaldiEducation

8 жыл бұрын

+CLASMAN1000 Thank you for your comment - glad that you where helped by this video

Yhooo great and easy to understand.Please add more video - i'll pay money to tabaldiaccountying when doing CTA in UNISA.So potential custormers.Please keep on adding.

@TabaldiEducation

8 жыл бұрын

Thank you for you comment. We do have many courses on offer - visit www.tabaldi.org to see the full packages. The Tabaldi Team

Really a comprehensive illustration, good job, subscribed you!

@TabaldiEducation

10 жыл бұрын

Thanks!

Very helpful. God bless you. Thank you so much.

@TabaldiEducation

9 жыл бұрын

mustafa macdi Many thanks for the encouraging comment, we are glad that you found this useful !

thank you.

I wish you were a certified ACCA tuition provider...the work you do is striking! You are actually aiming to help to understand global principles through local and methodical approach, that many universities fail to provide. Thanks a lot for making IAS's and IFRS's step into life out of their published boring definitions!

@TabaldiEducation

6 жыл бұрын

Thank you so much for your comment, at Tabaldi we aim to simplify the most complex accounting definitions and concepts. Stay subscribed to our channel for more.

You guys are so helpful, I love this page... Thank you! Also, can there be lessons on Group Statements (Consolidation). It's quite complex and it would really help if it is simplified and explained like these ones.

Hello, If a company has tax exemption from 2005-2011, and has brought forward tax losses, & in 2011 recognizes a deferred tax asset, then why is the same amount of deferred tax asset in the SOFP an income tax addition to profit before tax in Income statement?? What will be the future effects on profits??? Thanx.

how do i download the videos they are very helpful

Very Easy to Understand, Thanks so very much.....

@TabaldiEducation

8 жыл бұрын

+Sapna Khakh Glad that you found the videos easy to understand and follow.

Thank u...

Thank you so much!

Thank you I was inspired to study again accounting

@TabaldiEducation

6 жыл бұрын

Thats great to know! Good luck with your studies.

Great lecture, very well explained.. Really appreciate it. Are you from South Africa?, and is this based on the South African budget and legislation?

Thank you ❤️

ACCA P2! Yayyyyy!

Thanks for sharing. Very helpful

@TabaldiEducation

2 жыл бұрын

Glad it helped, Reason!

Can I make a request for a video on the topic Earnings Per Share

hi..thanx for the video it's really helpful,i have a question regarding the 2011 journals for current tax,why debit tax expense and not liability? We decreased the expense by 700(28700-28000)?

thank you!

many thanks

Thanks a lot your lecture is really helpful.Kindly upload a more comprehensive example along with reconciliation. BEST REGARDS

Thank you so much for sharing!! I really like the presentation format and how you could add a video of yourself. Are these all done in Power Point or you use different application ?

@TabaldiEducation

4 жыл бұрын

Thank you, Katiya. We use various applications to write, record and edit the videos. The way we currently do it has evolved from these older ones.

Great work thank you

@TabaldiEducation

2 жыл бұрын

Our pleasure!

thank you very much

Thank you

thank you well explained

@TabaldiEducation

4 жыл бұрын

Glad to hear it! Thanks for the feedback!

Thank you Richard and Tabaldi Team. This is very helpful. Tonnes of thanks and wishes from India.

@TabaldiEducation

7 жыл бұрын

Thank you for your comment. We are glad you find our videos useful :-)

thank you

Hi! Contratulations for your videos. What program do you use for make your lessons?

@TabaldiEducation

8 жыл бұрын

+Bruno Lima Thank you glad you enjoyed the videos. Best wishes for your studies. The Tabaldi Team

Thanks ..Was helpful alot

@TabaldiEducation

8 жыл бұрын

+Joshua Jesse Kelvin Thank you for your comment - Glad that you found benefit from these videos The Tabaldi Team

very helpful lecture

@TabaldiEducation

8 жыл бұрын

+euginia maseko Thank you for your comment - glad you found these videos helpful.

Thank you very much

@TabaldiEducation

Жыл бұрын

You are most welcome!

Thank you very much 🔥🔥

@TabaldiEducation

3 жыл бұрын

You're welcome 😊

thanks a lot God bless u

@TabaldiEducation

7 жыл бұрын

Glad you benefited from these videos. Best wishes with your studies Thank you The Tabaldi Team

Pleas add the new revenue standard :)

Thanks very much very helpful

@TabaldiEducation

8 жыл бұрын

+Faafouina Su'a Thank you for your comment - glad that you found benefit from the lecturers.

I would be making a mistake if I do not sucribe to this, thank you very much for siifying this topic for me. ;)

@TabaldiEducation

8 жыл бұрын

+YAQOOB CELE Thank you for you comment - glad you found these videos helpful

Do you have any videos on underlying tax and withholding tax?

@TabaldiEducation

9 жыл бұрын

Dinuka Malith Hi Dinuka, witholding tax will not usually effect deferred tax (unless it is a group situation and there is withholding tax on a foreign associate company). The tax legislation is way out of our skill set though and will be country specific. sorry, we are more IFRS guys than tax guys

6:45

Hi I have one industry question, how to create deferred tax in case of tax free units

@TabaldiEducation

3 жыл бұрын

Hi Prasad, what do you mean by 'tax-free units'?

this is useful

@TabaldiEducation

4 жыл бұрын

Thank you, @paidamoyo

Dear sir , thanks for your valuable videos ,can you give a video on temporary difference but no deferred tax impact, eg, on government grant or intangible asset, it would be a great help for me, regards, Nimay Ram, From Bangladesh.

@TabaldiEducation

6 жыл бұрын

Hi Nimay, thank you for finding our videos valuable. Our KZread channel is more for general deferred tax understanding, we do not record videos for specific areas that may not be of interest to all subscribers. Our paid platform does however have a forum where we address specific queries, visit www.tabaldi.org for more information. Good luck with your studies!

@nimayram6029

6 жыл бұрын

thanks , for the reply.

these videos are so nice, can they make it downloadable please

@TabaldiEducation

10 жыл бұрын

Hi Magie - The videos are not downloadable. The Tabaldi Team

appreciated!

@thandokuhlezondo2531

8 жыл бұрын

+patric siyabonga OOO,I get it,udla lapha ndoda, thats why udabula kangaka

@Patsiya95

7 жыл бұрын

Sengibuyile ndoda!

@TabaldiEducation

7 жыл бұрын

Thank you - glad you found it useful!

Why does the solution to my tax question use a future income tax recovery account that you never mention?

@kashbash9645

7 жыл бұрын

My question may be beyond the scope of this video. I have "Future Income Tax Asset (current)", "Future Inc. Tax Recovery," and "Future Inc. Tax Liability (non-current)" accounts in the journal entry.

CA stands for California? So this is US taxation law?

@TabaldiEducation

7 жыл бұрын

Helena Haynes... It also stands for Chartered Accountant. The Tabaldi Team

If future economic benefits of the PPE are only worth 5000 and that's what you paid, then why bother?

Thank you very much. Allah (God almighty) bless you.

Why the more I learn accounting the less I know?

@TabaldiEducation

2 жыл бұрын

True. Same with most things in life. Keep going!

It's all about who teaches.... Period

tabaldy

@calumsmart7468

7 жыл бұрын

lol man!

@TabaldiEducation

7 жыл бұрын

Smile - from the Tabaldi Team

@akhilabegum5654

7 жыл бұрын

dan1466 urdubanyan