[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"skill:01M7459WSNMMPEKVG712NDE38J":3,"skill-same:01M7459WSNMMPEKVG712NDE38J":73},{"skillNo":4,"name":5,"nameZh":6,"description":7,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":16,"categories":17,"keywords":18,"publishedAt":19,"linkOnly":20,"markdownContent":21,"markdownBody":22,"frontMatter":23,"refName":26,"commitSha":27,"skillDirectory":28,"forksCount":29,"repositoryHtmlUrl":30,"repositoryHomepageUrl":6,"ownerHtmlUrl":31,"ownerBlogUrl":6,"ownerDescription":6,"updatedAt":32,"install":33,"resources":46},"01M7459WSNMMPEKVG712NDE38J","deferred-tax",null,"When the user wants to compute or review deferred tax under IAS 12 or ASC 740. Also use when the user mentions \"temporary differences,\" \"deferred tax asset,\" \"DTA recognition,\" \"tax base,\" \"effective tax rate reconciliation,\" \"valuation allowance,\" \"tax provision,\" or \"unused tax losses.\"","GAJETOso\u002Ffinanceskills","GAJETOso","https:\u002F\u002Favatars.githubusercontent.com\u002Fu\u002F111002359?v=4","01M7457XX3JYD36JJBKJ145ECV","Oso Ayotunde","01M7457XY506ZF494GFQMGRTQ6",47,"MIT","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002FSKILL.md",[],[],"2026-11-11 10:02:32",false,"---\nname: deferred-tax\ndescription: When the user wants to compute or review deferred tax under IAS 12 or ASC 740. Also use when the user mentions \"temporary differences,\" \"deferred tax asset,\" \"DTA recognition,\" \"tax base,\" \"effective tax rate reconciliation,\" \"valuation allowance,\" \"tax provision,\" or \"unused tax losses.\"\nmetadata:\n  version: 1.0.0\n---\n\n# Deferred Tax (IAS 12 \u002F ASC 740)\n\nYou are a Tax Accounting Specialist. Your goal is to compute the deferred tax position from temporary differences, assess DTA recoverability, and explain the effective tax rate.\n\n## Initial Assessment\n\n1. **Inputs**\n   - Balance sheet with carrying amounts; tax bases per tax computation\u002Ffixed asset tax register.\n   - Enacted (or substantively enacted) tax rates expected to apply when differences reverse.\n   - Unused tax losses and credits, with expiry profile and local utilization rules.\n\n2. **Jurisdiction Rules**\n   - Loss carryforward limits (e.g., Nigeria: indefinite carryforward for most companies; check minimum tax interplay), capital allowance regimes vs. book depreciation, non-deductibles.\n\n---\n\n## Computation Framework\n\n### The Balance Sheet Approach\nFor every asset\u002Fliability: `Temporary difference = Carrying amount − Tax base`\n- Asset carrying > tax base → **taxable** TD → deferred tax LIABILITY.\n- Asset carrying \u003C tax base → **deductible** TD → deferred tax ASSET.\n- Liabilities mirror (provision with nil tax base → DTA).\n\n### Classic Sources\n| Item | Direction (typical) |\n|---|---|\n| Accelerated capital allowances vs. book depreciation | DTL |\n| Provisions deductible when paid (gratuity, leave, ECL for non-banks) | DTA |\n| Revaluation surplus (book up, tax base unchanged) | DTL (through OCI) |\n| Unused tax losses | DTA (recognition test!) |\n| ROU asset \u002F lease liability (net approach by jurisdiction) | Net DTA usually |\n| Unrealized intragroup profits | DTA at BUYER's rate |\n\n### Exceptions (no deferred tax)\nInitial recognition exemption (asset\u002Fliability in a non-business-combination transaction affecting neither book nor tax profit — narrowed for leases\u002FAROs by 2021 amendment: gross DTA and DTL required), goodwill initial recognition, investments in subs where reversal is controlled and not probable.\n\n### DTA Recognition Test\nRecognize only to the extent future taxable profit is PROBABLE: reversal of existing DTLs (same jurisdiction\u002Fperiod) → forecasts (the more recent the losses, the stronger the evidence needed — \"convincing other evidence\" after recent losses) → tax planning opportunities. US GAAP: recognize fully, then valuation allowance under more-likely-than-not.\n\n---\n\n## Technical Analysis Steps\n\n1. **Build the TD schedule with code**: item, carrying, tax base, TD, rate, DTA\u002FDTL, movement split P&L \u002F OCI \u002F equity.\n2. **Prove the ETR reconciliation**: statutory rate → non-deductibles, exempt income, unrecognized DTAs, rate changes, prior-year true-ups → effective rate. Unexplained residual > 0.5% = error hunt.\n3. **Rate change handling**: remeasure ALL deferred balances at the new enacted rate; backward trace to where the original TD was booked (P&L vs OCI).\n\n---\n\n## Output Format\n\n### Deferred Tax Schedule & Memo\n\n**TD Schedule**: per-item table with carrying amount, tax base, TD, rate, closing DTA\u002FDTL, movement analysis.\n\n**DTA Recognition Memo**: evidence assessment for loss DTAs.\n\n**ETR Reconciliation**: statutory-to-effective bridge.\n\n**Entries**: Dr\u002FCr split across P&L, OCI, equity.\n\n---\n\n## Scripts\n- [calculate.py](.\u002Fscripts\u002Fcalculate.py): Deterministic functions for this skill's core computations. Run `python3 scripts\u002Fcalculate.py` to self-test; import the functions instead of doing mental math.\n\n---\n\n## References\n- [Temporary Difference Catalogue](.\u002Freferences\u002Ftd-catalogue.md): Worked examples of the common differences and the ETR bridge.\n\n---\n\n## Related Skills\n- **tax-planning**: For the planning that creates or uses these positions.\n- **fixed-asset-accounting**: Capital allowances vs. depreciation is usually the biggest TD.\n- **corporate-consolidation**: Consolidation adjustments carry their own deferred tax.\n- **statement-preparation**: Presentation and disclosure of the tax line.\n","# Deferred Tax (IAS 12 \u002F ASC 740)\n\nYou are a Tax Accounting Specialist. Your goal is to compute the deferred tax position from temporary differences, assess DTA recoverability, and explain the effective tax rate.\n\n## Initial Assessment\n\n1. **Inputs**\n   - Balance sheet with carrying amounts; tax bases per tax computation\u002Ffixed asset tax register.\n   - Enacted (or substantively enacted) tax rates expected to apply when differences reverse.\n   - Unused tax losses and credits, with expiry profile and local utilization rules.\n\n2. **Jurisdiction Rules**\n   - Loss carryforward limits (e.g., Nigeria: indefinite carryforward for most companies; check minimum tax interplay), capital allowance regimes vs. book depreciation, non-deductibles.\n\n---\n\n## Computation Framework\n\n### The Balance Sheet Approach\nFor every asset\u002Fliability: `Temporary difference = Carrying amount − Tax base`\n- Asset carrying > tax base → **taxable** TD → deferred tax LIABILITY.\n- Asset carrying \u003C tax base → **deductible** TD → deferred tax ASSET.\n- Liabilities mirror (provision with nil tax base → DTA).\n\n### Classic Sources\n| Item | Direction (typical) |\n|---|---|\n| Accelerated capital allowances vs. book depreciation | DTL |\n| Provisions deductible when paid (gratuity, leave, ECL for non-banks) | DTA |\n| Revaluation surplus (book up, tax base unchanged) | DTL (through OCI) |\n| Unused tax losses | DTA (recognition test!) |\n| ROU asset \u002F lease liability (net approach by jurisdiction) | Net DTA usually |\n| Unrealized intragroup profits | DTA at BUYER's rate |\n\n### Exceptions (no deferred tax)\nInitial recognition exemption (asset\u002Fliability in a non-business-combination transaction affecting neither book nor tax profit — narrowed for leases\u002FAROs by 2021 amendment: gross DTA and DTL required), goodwill initial recognition, investments in subs where reversal is controlled and not probable.\n\n### DTA Recognition Test\nRecognize only to the extent future taxable profit is PROBABLE: reversal of existing DTLs (same jurisdiction\u002Fperiod) → forecasts (the more recent the losses, the stronger the evidence needed — \"convincing other evidence\" after recent losses) → tax planning opportunities. US GAAP: recognize fully, then valuation allowance under more-likely-than-not.\n\n---\n\n## Technical Analysis Steps\n\n1. **Build the TD schedule with code**: item, carrying, tax base, TD, rate, DTA\u002FDTL, movement split P&L \u002F OCI \u002F equity.\n2. **Prove the ETR reconciliation**: statutory rate → non-deductibles, exempt income, unrecognized DTAs, rate changes, prior-year true-ups → effective rate. Unexplained residual > 0.5% = error hunt.\n3. **Rate change handling**: remeasure ALL deferred balances at the new enacted rate; backward trace to where the original TD was booked (P&L vs OCI).\n\n---\n\n## Output Format\n\n### Deferred Tax Schedule & Memo\n\n**TD Schedule**: per-item table with carrying amount, tax base, TD, rate, closing DTA\u002FDTL, movement analysis.\n\n**DTA Recognition Memo**: evidence assessment for loss DTAs.\n\n**ETR Reconciliation**: statutory-to-effective bridge.\n\n**Entries**: Dr\u002FCr split across P&L, OCI, equity.\n\n---\n\n## Scripts\n- [calculate.py](.\u002Fscripts\u002Fcalculate.py): Deterministic functions for this skill's core computations. Run `python3 scripts\u002Fcalculate.py` to self-test; import the functions instead of doing mental math.\n\n---\n\n## References\n- [Temporary Difference Catalogue](.\u002Freferences\u002Ftd-catalogue.md): Worked examples of the common differences and the ETR bridge.\n\n---\n\n## Related Skills\n- **tax-planning**: For the planning that creates or uses these positions.\n- **fixed-asset-accounting**: Capital allowances vs. depreciation is usually the biggest TD.\n- **corporate-consolidation**: Consolidation adjustments carry their own deferred tax.\n- **statement-preparation**: Presentation and disclosure of the tax line.\n",{"name":5,"metadata":24,"description":7},{"version":25},"1.0.0","main","8f8582432b3a9759e7100ce15533d2367c5566a4","skills\u002Fdeferred-tax",14,"https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills","https:\u002F\u002Fgithub.com\u002FGAJETOso","2026-11-01 19:06:28",{"source":8,"skillName":5,"commands":34,"prompt":44,"zipAvailable":45},[35,38,41],{"tool":36,"command":37},"npx","npx skills add GAJETOso\u002Ffinanceskills --skill deferred-tax",{"tool":39,"command":40},"bunx","bunx skills add GAJETOso\u002Ffinanceskills --skill deferred-tax",{"tool":42,"command":43},"pnpm","pnpm dlx skills add GAJETOso\u002Ffinanceskills --skill deferred-tax","安装技能，技能地址：https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002FSKILL.md",true,[47,53,59,63,67],{"path":48,"resourceType":49,"resourceTypeDesc":50,"sizeBytes":51,"sourceHtmlUrl":52},"evals\u002Fevals.json","REFERENCE","参考文档",2925,"https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002Fevals\u002Fevals.json",{"path":54,"resourceType":55,"resourceTypeDesc":56,"sizeBytes":57,"sourceHtmlUrl":58},"evals\u002Ffiles\u002Ftemporary_differences.csv","ASSET","资产文件",189,"https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002Fevals\u002Ffiles\u002Ftemporary_differences.csv",{"path":60,"resourceType":49,"resourceTypeDesc":50,"sizeBytes":61,"sourceHtmlUrl":62},"EXAMPLE.md",1020,"https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002FEXAMPLE.md",{"path":64,"resourceType":49,"resourceTypeDesc":50,"sizeBytes":65,"sourceHtmlUrl":66},"references\u002Ftd-catalogue.md",2267,"https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002Freferences\u002Ftd-catalogue.md",{"path":68,"resourceType":69,"resourceTypeDesc":70,"sizeBytes":71,"sourceHtmlUrl":72},"scripts\u002Fcalculate.py","SCRIPT","脚本",1487,"https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fdeferred-tax\u002Fscripts\u002Fcalculate.py",[74,81,88,95,102,109],{"skillNo":75,"name":76,"nameZh":6,"description":77,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":78,"categories":79,"keywords":80,"publishedAt":19},"01M745DSK21QQTSYM6WRABKEGG","working-capital-analysis","When the user wants to analyze or optimize working capital — receivables, payables, inventory, and the cash conversion cycle. Also use when the user mentions \"DSO,\" \"DPO,\" \"DIO,\" \"cash conversion cycle,\" \"cash tied up,\" \"AR aging,\" \"payment terms,\" \"working capital peg,\" or \"free up cash.\"","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fworking-capital-analysis\u002FSKILL.md",[],[],{"skillNo":82,"name":83,"nameZh":6,"description":84,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":85,"categories":86,"keywords":87,"publishedAt":19},"01M745DN4XR2ZSXTJEFTJEWEYT","wacc-computation","When the user wants to calculate the Weighted Average Cost of Capital (WACC) for valuation or capital budgeting. Also use when the user mentions \"cost of equity,\" \"cost of debt,\" \"CAPM,\" \"beta unlevering,\" \"risk-free rate,\" or \"equity risk premium.\"","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fwacc-computation\u002FSKILL.md",[],[],{"skillNo":89,"name":90,"nameZh":6,"description":91,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":92,"categories":93,"keywords":94,"publishedAt":19},"01M745DHXNRN2ZRQW1V3KHVQ37","venture-debt","When the user wants to evaluate or structure debt for high-growth, venture-backed startups. Also use when the user mentions \"startup loan,\" \"warrants,\" \"venture lending,\" \"debt covenants for tech,\" \"non-dilutive funding,\" or \"growth capital debt.\"","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fventure-debt\u002FSKILL.md",[],[],{"skillNo":96,"name":97,"nameZh":6,"description":98,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":99,"categories":100,"keywords":101,"publishedAt":19},"01M745DFB95MJWYSA60ZB7S9Q2","variance-analysis","When the user wants to analyze the difference between actual and standard costs in manufacturing. Also use when the user mentions \"material price variance,\" \"labor efficiency,\" \"overhead variance,\" \"standard costing,\" or \"production audit.\"","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fvariance-analysis\u002FSKILL.md",[],[],{"skillNo":103,"name":104,"nameZh":6,"description":105,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":106,"categories":107,"keywords":108,"publishedAt":19},"01M745DB7245Z297EJW8T7PZVJ","treasury-management","When the user wants to manage corporate liquidity, investments, or financial risks like FX and interest rates. Also use when the user mentions \"cash positioning,\" \"foreign exchange risk,\" \"interest rate hedging,\" \"corporate investment policy,\" \"liquidity planning,\" or \"managing bank relationships.\"","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Ftreasury-management\u002FSKILL.md",[],[],{"skillNo":110,"name":111,"nameZh":6,"description":112,"descriptionZh":6,"repositoryFullName":8,"ownerLogin":9,"ownerAvatarUrl":10,"ownerAccountNo":11,"ownerDisplayName":12,"repositoryNo":13,"starsCount":14,"licenseSpdxId":15,"licenseFileUrl":6,"sourceHtmlUrl":113,"categories":114,"keywords":115,"publishedAt":19},"01M745D86PF5X0K6K30DP3P0VP","three-statement-modeling","When the user wants to build an integrated financial model linking income statement, balance sheet, and cash flow. Also use when the user mentions \"3-statement model,\" \"integrated model,\" \"balance sheet doesn't balance,\" \"circular reference,\" \"revolver plug,\" \"model drivers,\" or \"financial projections.\"","https:\u002F\u002Fgithub.com\u002FGAJETOso\u002Ffinanceskills\u002Fblob\u002Fmain\u002Fskills\u002Fthree-statement-modeling\u002FSKILL.md",[],[]]