DEFERRED TAX ASSET
Asset on a company’s balance sheet that can be used to reduce the income tax expense.
It can arise due to net loss carryovers, which are only recorded as assets if it is deemed more likely than not that the asset will be used in future fiscal periods. It must be determined that there is more than a 50% probability that the company will have positive accounting income in the next fiscal period before the deferred tax asset can be applied.
POPULAR TERMS
Renegotiated Loan
A loan in which the outstanding balance is paid on terms different from the original negotiated. It is often due to the reduced financial capabilit ...
Chung Ju-yung
Founder and former President of Hyundai. He worked as a construction laborer and a clerk in a rice store before establishing Hyundai Motor Industri ...
Notice To Creditors
A notice to the creditors and debtors of an estate. The notice to creditors is typically posted in the public newspaper. The notice requests all in ...
Upside Gap Two Crows
Upside Gap Two Crows, in technical analysis, is basically reversal signal of a market that is bearish. It is a formation within three days that use ...
Order Book
An electronic list of buy and sell orders for a specific security or financial instrument, organized by price level. The order book lists the numbe ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
06:30 | Tertiary Industry Index | Mar | |
02:30 | Westpac Consumer Sentiment | May | |
03:30 | Monetary Policy Meeting Minutes | ||
05:00 | Credit Card Spending | Apr | |
08:00 | PPI | Apr | |
10:00 | Current Account (sa) | Mar | |
10:00 | Federal Reserve Chairperson Janet Yellen Speaks | ||
11:00 | Current Account (sa) | Mar | |
12:00 | CBI industrial order books balance | May |