Income tax assets and liablilities on financial statements

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Why do financial standards require accountants to compute deferred income tax assets and liablilities on financial statements? answer in like 3 scentences.

Reference no: EM131265673

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Income tax assets and liablilities on financial statements : Why do financial standards require accountants to compute deferred income tax assets and liablilities on financial statements? answer in like 3 scentences.
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