Under IFRS companies are required to provide a reconciliation between actual tax expense and the applicable tax rate.The purpose(s) of this reconciliation include
I.Making better prediction of future cash flow.
II.Predicating future cash flows for operating loss carryforwards.
III.Assessing the composition of the net deferred income tax liability.
IV.Assessing quality of earnings.

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The Answer of Under IFRS companies are required to provide a reconciliation between actual tax expense and the applicable tax rate.The purpose(s) of this reconciliation include
I.Making better prediction of future cash flow.
II.Predicating future cash flows for operating loss carryforwards.
III.Assessing the composition of the net deferred income tax liability.
IV.Assessing quality of earnings.

Under IFRS Companies Are Required to Provide a Reconciliation Between