Overview

Deferred tax is one of the most misunderstood and often intimidating areas in financial reporting and tax compliance. It typically emerges late in the reporting process, leading to confusion, inconsistencies, and last-minute adjustments. This webinar aims to demystify deferred tax by unpacking the underlying concepts, clarifying the accounting logic, and equipping you with straightforward tools to approach it confidently.

The session covers deferred tax principles under IFRS and IFRS for SMEs, explains the distinction between temporary and permanent differences, and examines how tax bases, carrying amounts, and expected future tax consequences interact. Whether you’re preparing financial statements, reviewing tax computations, or training your team, this webinar provides practical knowledge and real-world examples to bring clarity to this complex topic.

Webinar Content

• Understanding the objective and scope of deferred tax: why it exists and when it applies
• Identifying temporary differences versus permanent differences in practice
• Calculating deferred tax assets and liabilities, including recognition thresholds
• Practical treatment of common items such as PPE, provisions, revaluations, and tax losses
• Presentation and disclosure requirements under IFRS and IFRS for SMEs

Competencies Developed

• Explain the concept of deferred tax and its role in aligning accounting and tax effects
• Accurately identify and calculate deferred tax on a variety of common transactions
• Apply recognition and measurement principles for deferred tax assets and liabilities
• Enhance the accuracy and consistency of year-end tax workings and financial statements
• Understand disclosure requirements and communicate deferred tax clearly in financial notes

Presenter

Caryn Maitland

Caryn is a qualified CA (SA and RA), who has lectured extensively at the University of KwaZulu-Natal (and other institutes) where she lectured Advanced Financial Accounting. Since then, Caryn has specialised in facilitating ethics conversations, keeping assurance practitioners up to date and unpacking legislation for the financial sector.

She has conducted independent workshops and seminars for professional accountants since 2006 on various topics and has consulted on several technical issues. Since January 2011, she has focused on her own business as technical freelance consultant and trainer to those working within the accounting profession. Caryn is a technical advisor to various SAICA Eastern Region Districts as well as serving on various SAICA committees, such as the SAICA Eastern Region Council.

Since 2018, Caryn has worked extensively with commerce and industry, assisting analysts, directors, and other users of financials to interpret, prepare, analyse and forecast based on the results of financial statements.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of CPD.

Event Investment

Free for Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.

• Regular price:  R460.00
• Special rate for SAIT members:  R368.00
• Group booking discounts available when you register for a group.

Payments and cancellations

• All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
• Kindly note that should payment not be received two days after the event, legal action will be taken.
• Proof of payment will be requested at registration if payment does not reflect in The Tax Faculty’s bank account.
• Only written notice of cancellation will be recognized.
• Conditions:
  • If the cancellation occurs more than four working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than four working days prior to the event, a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• The Tax Faculty’s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.