Ford Motor Company (Ford) is about whether the Statement is about the deferred tax asset has reverse. Because of the high losses from 2006 to 2008, Ford has not recorded $ 10.3 billion of tax losses among other deferred tax assets, but because of the uncertainty, Ford has the value of deferred tax assets in the balance sheet. Given the improvement in business over 2009 and 2010 Ford must now decide whether it is “more likely than not” to … Read more »

Ford Motor Company (Ford) is about whether the Statement is about the deferred tax asset has reverse. Because of the high losses from 2006 to 2008, Ford has not recorded $ 10.3 billion of tax losses among other deferred tax assets, but because of the uncertainty, Ford has the value of deferred tax assets in the balance sheet. Given the improvement in business over 2009 and 2010 Ford must now decide whether it is recorded to “more likely than not” to have the value of its deferred tax assets and reversed the $ 15.7 billion impairment it. If conversely, Ford must also decide how to present the change in accounting policy in its financial statements.
«Hide

from
Darren Henderson,
Christine Liu
Source: Ivey Publishing
16 pages.
Release Date: 15, February 2012. Prod #: W11700-PDF-ENG
Ford Motor Company: Accounting for deferred taxes HBR case solution