JournalofAccountancy

FASB simplifies presentation of deferred income taxes

A new standard FASB issued Friday is designed to improve the way deferred taxes are classified on organizations’ balance sheets. Accounting Standards Update No. 2015-17, Income Taxes (Topic 740): ...
Houston Chronicle

Balance Sheet Classification of Deferred Expenses

Companies that use accrual accounting often end up with deferred expenses on their balance sheets. That's because under accrual accounting, accountants recognize expenses when they occur, not when the ...
Reuters

Ligand Pharmaceuticals - Expects Reduction Of Corporate Tax Rate To Reduce Deferred Tax Asset On Balance Sheet By About $40 Mln

Berkshire bought just $1.5 billion of stock in the quarter, the eighth straight where it was a net seller of stocks.
Reuters

Banner Corp Announces Write Down Of Deferred Tax Asset And Balance Sheet Restructuring

* BANNER CORP - ‍AS A RESULT OF TAX CUTS AND JOB ACT ENACTED DECEMBER 22, 2017, IT WILL BE REQUIRED TO REVALUE ITS DEFERRED TAX ASSETS AND LIABILITIES * BANNER - ‍BASED ON ITS PRELIMINARY ANALYSIS, ...