The deferred tax liabilities audit working paper (ind as 12 / as 22) working paper from ICAI AASB's Audit Working Paper Templates (June 2023). Pre-stamped with your firm letterhead, editable in Word.
The purpose of this workpaper is to verify the calculation of deferred tax liability. Deferred tax liability is created when a tax obligation is accumulated in one financial year but is due in the subsequent years. A deferred tax liability arises due to the difference in timing between when the tax was accrued and when it is due to be paid.
Calculate the book value, which is the carrying amount, accordingly, using respective Ind AS/ AS of assets and liabilities.
Calculate the tax base for assets and liabilities.
Calculate deferred tax asset (DTA) or calculate deferred tax liability (DTL).
This template follows the format published by the Institute of Chartered Accountants of India (ICAI) in the AASB Audit Working Paper Templates (June 2023), the authoritative reference for Indian statutory-audit documentation. Fill in your firm’s letterhead and the engagement details on the form above, click Download Word file, and you’ll get a fully formatted .docx ready to use.
Everything is generated in your browser and on a stateless API endpoint — no account, nothing stored on our servers. We’ll ask for a work email once before your first download so we can send you the file and the occasional relevant update; after that, downloads on this device are instant. Edit freely in Word, Google Docs or Pages before sending to your client.
