originating timing difference
- originating timing difference
A difference between profits or losses computed for tax purposes on a receipts-and-payments basis and profits presented in the financial statements on an accruals basis. These differences arise as a result of items of income and expenditure in tax computations being included in different periods from those in which they are included in financial statements. An originating timing difference is described as originating in the period in which it arises; it is capable of reversal in subsequent periods. These differences are dealt with in Financial Reporting Standard (FRS) 19, Deferred Tax, which was published in December 2000 as a successor to Statement of Standard Accounting Practice 15, Accounting for Deferred Tax. FRS 19 became mandatory in respect of accounting periods ending on or after 23 January 2002.
Accounting dictionary.
2014.
Look at other dictionaries:
Sound localization — refers to a listener s ability to identify the location or origin of a detected sound in direction and distance. It may also refer to the methods in acoustical engineering to simulate the placement of an auditory cue in a virtual 3D space (see… … Wikipedia
nervous system, human — ▪ anatomy Introduction system that conducts stimuli from sensory receptors to the brain and spinal cord and that conducts impulses back to other parts of the body. As with other higher vertebrates, the human nervous system has two main… … Universalium
Tide — This article is about tides in the Earth s oceans. For other uses, see Tide (disambiguation). Tidal redirects here. For other uses, see Tidal (disambiguation). High Tide redirects here. For other uses, see High Tide (disambiguation) … Wikipedia
Earth Sciences — ▪ 2009 Introduction Geology and Geochemistry The theme of the 33rd International Geological Congress, which was held in Norway in August 2008, was “Earth System Science: Foundation for Sustainable Development.” It was attended by nearly… … Universalium
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
climate — /kluy mit/, n. 1. the composite or generally prevailing weather conditions of a region, as temperature, air pressure, humidity, precipitation, sunshine, cloudiness, and winds, throughout the year, averaged over a series of years. 2. a region or… … Universalium
India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… … Universalium
Anthropology and Archaeology — ▪ 2009 Introduction Anthropology Among the key developments in 2008 in the field of physical anthropology was the discovery by a large interdisciplinary team of Spanish and American scientists in northern Spain of a partial mandible (lower… … Universalium
radiation measurement — ▪ technology Introduction technique for detecting the intensity and characteristics of ionizing radiation, such as alpha, beta, and gamma rays or neutrons, for the purpose of measurement. The term ionizing radiation refers to those… … Universalium
chemoreception — chemoreceptive /kee moh ri sep tiv, kem oh /, adj. /kee moh ri sep sheuhn, kem oh /, n. the physiological response to chemical stimuli. [1915 20; CHEMO + RECEPTION] * * * Sensory process by which organisms respond to external chemical stimuli, by … Universalium