24 Accruals, Provisions & Prepayments - Deductibility of Year-End Adjustments (Webinar Recording)
excl. GST - Broadcast Date: 3 April 2024
| Quantity |
Product Description
This webinar covers key income tax considerations that advisors and their clients need to be aware of for income tax deductibility of year-end adjustments.
The webinar focuses on areas that are part of day-to-day activity that also have some technical issues associated with them.
There are a number of practical examples covered in the webinar.
These include the following:
• General rules for deductibility
• Accruals & provisions
o ACC levies
o Bad Debts
o Accrual Expenditure
o Employee Accruals
o Inventory Obsolescence
o Warranty Provision
o FBT Accrual
o No Invoice at balance date
• Prepayments
o General Rules
o Unexpired Expenditure
o The Determination
Upon satisfactory completion of this webinar you will be able to:
• Have an increased understanding of the deductibility of year end adjustments
• Better process deductions in the areas covered in financial statements and tax returns
• Have more confidence in advising SME clients on income tax deductibility in the areas covered
Total of CPD Hours: 1.25 (1 Hour 15 min)
Suited to:
This webinar is suited to intermediate through to advanced accountants in public practice and is also suitable for corporate accountants.
PRESENTER:
Mike Hadwin, Director, Symmetry Advisory
Mike is a regular presenter for TEO Training. You will learn from Mike’s 40 years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.