[Summary] Accounting Standards for Business EnterprisesNo. 18-Income Tax Law (hereinafter referred to as the "new standards") was first implemented in domestic listed companies and other encouraged enterprises on 1 month/day in 2007. The main change of the new standard is that it interprets new concepts and new concepts. Through the analysis of the new accounting methods, the new standard clarifies the accounting methods of income tax expenses.

[Keywords:] new accounting income tax accounting balance sheet debt deferred income tax assets