Deferred Tax

Deferred tax is arguably one of the most challenging areas in financial reporting. It’s not just an accounting entry; it’s where accounting standards and policies meet tax law, and timing differences become balance sheet realities.

This session unpacks the logic behind deferred tax, clarifies the difference from current tax, and shows how the accruals concept drives its recognition. During this three-hour course, we’ll go through a wide range of possible real-world scenarios that professionals are bound to encounter in practice. We’ll tackle some of the challenges professionals are facing, whilst possibly uncovering some potential pitfalls or blind spots.

Whether you're a student or a seasoned professional, or anything in between, this CPE course will give you clarity, confidence, and concrete examples.

The Speaker

Paul Zammit is a Certified Public Accountant specialising in International Financial Reporting Standards and GAPSME legislation. Since 2017, Paul has focused on technical accounting research and engagements, including advisory projects and the review of financial statements for compliance with Maltese regulations. He is a member of the Malta Institute of Accountants’ Financial Reporting Committee and has contributed to key initiatives, including the 2024 amendments to GAPSME. Paul has been lecturing in financial reporting since 2018, delivering training to ACCA and ACA students, as well as CPE-accredited sessions for professionals across various firms and institutions. Today, as a sole practitioner, Paul focuses mainly on technical accounting services — advisory, compliance, lecturing, and coaching — combining strong subject-matter expertise with a practical, people-focused approach.