Deferred tax

The bachelor thesis deals with the issue of deferred tax in the Czech accounting. Study describes the reason why the deferred tax has begun to be booked, which entities are required to book it, as well as its formation based on temporary differences. These differences are divided into two groups, those defined as a deferred tax asset or as a deferred tax liability. Furthermore, the study provides information on how the entity calculates the final deferred tax and to which balance sheet accounts it is booked. The last part analyses financial statements of selected companies with an emphasis on the type of deferred tax they report and the differences their tax results from