CMA Study Group

Is deferred Taxes a current liability or long term liability?

  • 1.  Is deferred Taxes a current liability or long term liability?

    Posted 04-25-2021 04:01 AM
    Hi,

    Could you please help me if we consider deferred taxes as current
    liabilities in ratio analysis?

    Thanks
    Sushma


  • 2.  RE: Is deferred Taxes a current liability or long term liability?

    Posted 04-25-2021 08:10 AM
    Dears,
    current liabilities refers to all liabilities which it must be paid within short period (less than full year)
    an example of those items . Accrued tax.
    deferred Taxes  is a kind of long term liabilities which  become due after more than a year.
    is it clear !

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    Mohamed Aly
    Chief Financial Officer
    Jeddah
    Saudi Arabia
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