Getting the timing right
13 September 2012
Analysing some of the key implications of FRED 19
On the 26 August 1999 the Accounting Standards Board (ASB) published for consultation a new exposure draft, FRED 19 Deferred Tax. The exposure draft is proposing to replace an old accounting standard, SSAP 15 Accounting for Deferred Tax. This article has been prepared to assist in understanding some of the issues arising for discussion and to illustrate how and why...