I'm a CFO and have experienced this exact scenario with a Big 4 firm conducting the audit. I'm not sure what corporate law has to do with an accounting standard - they are unrelated. Book and tax recognition are not the same thing. Just to help you, this is a snip from note 20 in BFC's 2022 annual accounts. Maybe EY aren't as educated as you
Tax Losses, page-14
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BFC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.991M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| BFC (ASX) Chart |
Day chart unavailable