Workshop on the application of PBU 18/02 "Accounting for income tax calculations" - course 9990 rubles. from Specialist, training 8 ac. h., Date: May 29, 2023.
Miscellaneous / / December 01, 2023
Since 2020, organizations applying PBU 18/02 “Accounting for calculations of corporate income tax” are obliged to apply it in a new edition that brings Russian accounting closer to international ones standards. Reporting for 2022 will have to be prepared taking into account the new edition of this PBU. An important innovation in PBU 18/02 is the use of the balance sheet method for determining temporary differences starting from 2020.
As part of the course program, key aspects of the application of PBU 18/02, the formation of the book and tax value of assets and liabilities, and the reflection deferred tax assets and liabilities in accounting, sources of differences between accounting and tax accounting and their impact on the amount arrived.
The course is applied. It is designed for accountants, chief accountants, managers, specialists in financial and accounting services, and internal auditors. The course will be of interest to tax lawyers and tax consultants. The course will be useful for professionals who want to improve their professional knowledge in accounting and taxation.
You will learn:
- Reflect deferred assets and liabilities in accounting accounts using PBU 18/02
- Determine the financial result and calculate income tax in accordance with PBU 18/02 according to the new edition of PBU 18/02
- Reflect information on the calculation of income tax in accounting reporting forms in the new edition of PBU 18/02
You will know:
- What factors influence the composition of differences in the assessment of income, expenses, assets and liabilities
- Features of the application of PBU 18/02 in organizations
Leading teacher on the theory and practice of accounting, fundamentals of accounting for managers, financial and economic analysis of the enterprise’s activities, automation of accounting (1C: Accounting 8.3) and others.
Holder of the prestigious certificate “Red Certificate of the Chief Accountant” and international certifications ACCA DipIFR.
In Valery Georgievich’s classes, students are immersed in a fascinating journey through the theory and practice of accounting. The teacher is happy to share his knowledge and experience, turning students into active participants in the educational process. After his classes, you will not only gain a profession, but also find your calling in life!
Valery Georgievich is a versatile specialist in the field of economics. He began his career as a teacher of economic disciplines (currency transactions, credit transactions, securities, pricing and accounting). Accounting and tax methodologist, budgeting methodologist, finance expert. Has experience in implementing software products, experience in drawing up technical specifications for budgeting and financial management, as well as extensive experience in training customers in software products on the 1C platform: Enterprise 8.3".
Among Valery Georgievich’s professional achievements is the development of technical specifications for automation accounting, tax, management and financial accounting and budgeting for enterprises construction complex. Author and co-developer of software products based on 1C: Enterprise 8.2: “Construction Contractor 4.0. Financial management (ed. 3.0 - managed forms)", "Accounting for a construction organization (managed forms)" and "Construction production management" ("Construction Contractor 3.0").
Expert in financial management and budgeting in construction organizations. As an accounting methodologist and financial expert, Valery Georgievich successfully managed the establishment and automation of all types of accounting in large construction organizations. Was involved in training financial directors and financial services employees on budgeting in construction, starting from the work plan (decomposition of estimates) and ending with plan-fact analysis of construction projects and financial and economic analysis of all construction activities organizations.
As a graduate student at the Department of Banking, Valery Georgievich takes an active part in international scientific and practical conferences and seminars. Successfully completed an annual training course for teachers “Modern educational technologies”. Constantly improves his qualifications in his specialty. And recently I received a diploma of professional training under the “Professional 1C Developer” program.
Practitioner teacher in accounting and tax accounting. She has deep knowledge and extensive work experience, and conducts classes in a relaxed manner, using a large number of visual aids.
Under the guidance of this talented teacher, you will fully master the educational material and become a first-class specialist!
She is a professional in her field, with more than 15 years of experience in her specialty. Extensive experience in the field of accounting implies excellent organization of the work of the company’s accounting and personnel departments, including the preparation and submission of tax reports bodies and extra-budgetary funds, interaction with the Federal Tax Service, Pension Fund, Social Insurance Fund, obtaining certificates and reconciliations from the Federal Tax Service, preparation of documents for counter and desk audits, practical application of PBU 18/02.
Among the many achievements of Ekaterina Viktorovna, we can highlight the restoration of accounting in the construction industry organization for the period of activity 2003-2005. - landscaping and laying asphalt pavements on the territory SAO city Moscow until receiving a verified report and a certificate of absence of debt to the budget. Immediately after the restoration of accounting, the organization successfully passed the audit within the restored period of activity.
Ekaterina Viktorovna has numerous diplomas and certificates of advanced training, additional education, which she received, in particular, at the Russian Economic University named after G.V. Plekhanov. In 2018, she passed professional certification in the “1C: Accounting 8” and “ZUP” programs in 1C. Interest in the subject and daily monitoring of changes in accounting and tax legislation allow her to convey only current knowledge and practices.
Module 1. Main tasks and goals of PBU 18/02 (0.5 ac. h.)
ORDER OF THE MINISTRY OF FINANCE of the Russian Federation of November 19, 2002 N 114n (as amended) dated November 20, 2018 N 236n)
The relationship between accounting and tax accounting. Rationality in the application of PBU 18/02.
Impact on the amount of net assets and the amount of net profit (loss) of the organization for the reporting period
Module 2. Basic concepts and methods for calculating the difference (1 ac. h.)
Conditional expense (conditional income) - concept
Determining the amount of conditional expense (conditional income)
Current income tax - concept
Choosing a method for reflecting differences between accounting and tax accounting.
Conditional expense (conditional income) for income tax
Permanent and temporary differences
Formation of deferred tax assets and liabilities and their reflection in accounting accounts
Calculation of income tax in accordance with PBU 18/02
Module 3. Main changes in PBU 18/02 “Accounting for corporate income tax calculations” (1.5 ac. h.)
The main innovation in PBU 18/02 “Accounting for corporate income tax calculations” is the use of the balance sheet method for determining temporary differences starting from 2020
Clarification of the definition of current income tax
Introduction of the concept of “income tax expense (income)”, reflecting changes in the economic benefits of an organization in connection with profit taxation, and establishing the procedure for its determination as the amount of current and deferred tax on profit
New procedure for determining temporary differences as differences between the book value of an asset (liability) and its value accepted for tax purposes
New list of cases in which temporary differences arise
New rules for recognizing deferred taxes
New requirements for the composition of indicators in the financial results report, clarification of the content of the explanations to the balance sheet and the financial results report. Changes made to the financial reporting forms (Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n (as amended) dated April 19, 2019 N 61н). Mandatory for use with reporting for 2020)
Module 4. Formation of deferred tax assets and liabilities and their reflection in accounting accounts. Complex issues arising when applying PBU 18/02 (2.5 ac. h.)
Differences in cost rationing
The emergence of permanent and temporary differences when accounting for depreciation property
Application of PBU 18/02 when writing off direct and indirect expenses
Accounting for transactions involving the gratuitous transfer of valuables
Expenses not taken into account for tax purposes
Unreasonable expenses
Provisions for doubtful debts
Carry forward of losses
Correcting mistakes from previous years
Module 5. Balance sheet method (1.5 ac. h.)
Basic definitions. Relationship between assets (liabilities) and income (expenses)
Tax base (tax value) of an asset, liability
Constant differences. Temporary differences (taxable, deductible)
Recognition of current and deferred tax
Cases of recognition of deferred tax not in profit or loss: deferred taxes when revaluing fixed assets; initial recognition of assets or liabilities if the cost of the asset or liability is not taken into account in whole or in part for tax purposes
Presentation and Disclosure of Deferred Taxes.
Transition period
Module 6. Features of filling out financial statements (balance sheet and financial results statement) when applying the new edition of PBU 18/02 (1 ac. h.)
Algorithm for calculating deferred taxes. Numerical example illustrating the algorithm for calculating deferred taxes