Changes in the presentation of deferred taxes upon adoption of tax-effect accounting standards
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
157 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The company adopted the “Partial Amendments to Accounting Standards for Tax Effect Accounting” (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards from the beginning of the current consolidated fiscal year, and changed its presentation method so that deferred tax assets are presented under investments and other assets and deferred tax liabilities under non-current liabilities.」
Continued to disclose the application of the accounting standards for tax effect accounting and the changes to the presentation classifications of deferred tax assets and liabilities. - FY2020-Q3RestatedAnnual report
「The company has applied, from the beginning of the first-quarter consolidated accounting period, the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018), among other standards. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company continues to disclose the adoption of standards related to tax-effect accounting and the change in the presentation categories for deferred tax assets and liabilities. - FY2020-Q2RestatedAnnual report
「The company has applied, from the beginning of the first-quarter consolidated accounting period, the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018), among other standards. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The Company continues to disclose that the standards and related guidance on tax-effect accounting were applied from the beginning of the first quarter of the consolidated fiscal year and that the presentation categories for deferred tax assets and liabilities were changed. - FY2020-Q1First statedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting and related standards from the beginning of the current first quarter. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The company applied the accounting standards and related guidance on tax-effect accounting from the beginning of the first quarter of the fiscal year and changed the presentation classifications of deferred tax assets and liabilities.