Changes in the Presentation of Deferred Tax Assets and Liabilities Due to Partial Amendments to Tax Effect Accounting Standards
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
155 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The company has applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The changes in presentation of deferred tax assets and liabilities resulting from the partial revisions to the tax-effect accounting standards continued to be applied in the annual disclosure. - FY2020-Q1First statedAnnual report
「We have applied the “Partial Amendments to Accounting Standard for Tax Effect Accounting” (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company applied partial revisions to the accounting standards for tax-effect accounting and other changes from the beginning of the first quarter, changing the presentation categories for deferred tax assets and liabilities.