What is tax effect accounting? On the balance sheet of companies, we sometimes see deferred tax assets recorded as assets and deferred tax liabilities as liabilities. Due to the limit of space, I will ...

Japan's four major auditing firms use different guidelines and standards to calculate banks' deferred tax assets, tax credits they might get in the future that they count as part of their capital ...

Upon receiving notification from Resona Bank that its capital adequacy ratio had fallen to 2% as of the end of March, below the minimum requirement of 4% for domestic banks, the government held a ...