The most comprehensive educational resources for finance

The Panama Papers: Exposing The Dichotomy Between Good Words And Bad Actions

In yet another example in which the public of the world is made fun of, a consortium of journalists across the world have exposed big holes in the moral fabric of several world leaders, actors and other renowned personalities. The Panama Papers are a giant leak – 11.5m files from the offshore law firm, Mossack

Accounting for Income Taxes

A company’s accounting policies (such as depreciation choices, and valuation of assets) can cause differences in taxes reported in financial statements and taxes reported on tax returns. In this lesson “Income Taxes” we will learn about several issues relating to deferred taxes.

CFA Level 1: Income Taxes – Part 2

This video by Arif Irfanullah discusses the key aspects of income taxes, as a part of the CFA Level 1 syllabus. This is one of the most difficult sections in the CFA syllabus. This video discusses: Taxes Payable and Tax Expense Creation of Deferred Tax Liability Changes in Income Tax Rates Permanent Differences Effective Tax

CFA Level 1: Income Taxes – Part 1

This video by Arif Irfanullah discusses the key aspects of income taxes, as a part of the CFA Level 1 syllabus. This is one of the most difficult sections in the CFA syllabus. This video discusses: Accounting Profit, Taxable Income, and DTA Creation of Deferred Tax Liability (DTL) DTL and DTA Tax Base vs. Carrying