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 Value