On consolidation,adjustment to deferred tax assets and liabilities is required for:

Question

Quizplus · Accepted Answer

Consolidation requires adjustment to deferred tax assets and liabilities for all of the above options listed, including unrealised intragroup profits, unrealised intragroup losses, and fair value adjustments. This is necessary to ensure that the consolidated financial statements reflect the true tax position of the group as a whole.

On Consolidation,adjustment to Deferred Tax Assets and Liabilities Is Required