DTA

kcrichards96kcrichards96
in Odomirok.6-7-BS

This section mentions that the DTA is the largest single source of nonadmitted assets...but I feel every exam question I have come across thus far just assumed it is fully admitted. Do you know of/recall anywhere that explains how the DTA is divided into admitted/nonadmitted portions?

Comments

  • Staff - ACStaff - AC

    Have a look at Table 2 on page 28 of Odomirok. Nonadmitted assets is a very small portion of all assets. While nonadmitted DTA is a more significant portion of all DTA, DTA itself is only 1% of all assets.

    In other words, this is not a very significant balance sheet item. This makes it likely that it be treated as all admitted in the exam and a treatment of its split to non-admitted not be provided in the syllabus.

  • kcrichards96kcrichards96

    thanks!

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