Introduction to Deferred Taxes | US CPA - FAR Exam | Easy Explanation

Apply for the upcoming CPA batch: https://www.mileseducation.com/accoun... Struggling with deferred taxes for the CPA FAR exam? In this video, Varun Jain simplifies Deferred Tax Assets and Deferred Tax Liabilities, explaining how temporary differences impact your financial statements. Learn key concepts to confidently approach deferred tax questions on the FAR exam! What you’ll learn: Difference between Deferred Tax Assets & Deferred Tax Liabilities How to calculate deferred taxes for your CPA exam Impact of deferred taxes on income statements and balance sheets Debt Restructuring and Deferred Taxes: Overview of accounting for troubled debt, impairments of debts, debt restructure – settlement, and debt restructure – modification of terms The accounting treatment for deferred taxes in the context of debt restructuring -Get expert tips and real-world examples to confidently tackle deferred tax questions and debt restructuring concepts on the FAR exam. About Miles Education Miles Education is the #FlagbearerForAccountants, dedicated to revolutionizing the global accounting industry. We've created a robust ecosystem for CPAs and CMAs in India and designed a unique pathway for Indian accountants to live their American Dream, while solving the global accounting shortage. Through exclusive partnerships with the Big 4, MNCs, Fortune 500s, and leading US universities, we offer unmatched placement opportunities and career growth. Our collaboration with CPA firms, State CPA Societies, and public accounting firms empower Indian accountants to serve as flag-bearers of Indian accounting talent, contributing significantly to the global accounting landscape. 70,000+ global alumni 80% of CPAs in India are Miles alumni Partnerships with Big 4 firms and 220+ MNCs in India Partnerships with 350+ CPA firms, State CPA Societies, and alliances in the US Did you know? Over 300,000 U.S. accountants & auditors left their jobs in the past two years (source: The Wall Street Journal) The U.S. is projected to have 126,500 new accounting job openings annually for the next decade Less than 75,000 students graduate with accounting degrees each year 70% of practicing CPAs will retire in the next 10 years 100s of Miles Alumni are already placed at top U.S. public accounting firms With the Miles U.S. Pathway, you’ll start with salaries from $60k+ (more than 50 lakh rupees) Visit Our Website to Know More: https://mileseducation.com/ Check Out Our Other Videos: • Why Choose CPA? We Give You 10 Reasons    • The Most Underrated Career Option for Acco...   • Indian Accountants Living the American Dream    • Indian Accountants Living the American Dre...   • Miles Placement Drive | Work in the US    • Miles Placement Drive #1 | Work in the US   • Miles Masterclass | AI in Accounting    • Miles CAIRA - AI in Accounting   • CPAs Unplugged | India GCC Series    • CPAs Unplugged | India GCC Series   Check out our Blog: https://www.mileseducation.com/blog Explore Our Courses: CPA: https://www.mileseducation.com/cpa CMA: https://mileseducation.com/cma Miles U.S. Pathway: https://www.mileseducation.com/us-job... Get in Touch: Email: [email protected] Phone numbers for our offices: Ahmedabad: +91-9513360297 Bangalore: +91-9513360196 Chennai: +91-9513360295 Delhi: +91-9513360294 Hyderabad: +91-9513360293 Kochi: +91-9513360292 Kolkata: +91-9513360291 Mumbai: +91-9513360290 #DeferredTaxes #DebtRestructuring #CPAExam #FARexam #CPA #VarunJain #DeferredTaxAssets #DeferredTaxLiabilities #mileseducation