Accra Brewery Limited Annual Report 2009 - SABMiller

36
Notes
Accra Brewery Limited
Financial Statements
for the year ended 31 March 2009
NOTES (continued)
(IN THE NOTES ALL AMOUNTS ARE SHOWN IN THOUSANDS OF GHANA CEDIS UNLESS OTHERWISE STATED)
28. Critical accounting estimates and judgements continued
(i)
Critical accounting estimates and assumptions
Income tax
Significant judgement is required in determining the provision for income taxes. There are many transactions and calculations for which the
ultimate tax determination is uncertain during the course of business. The company recognises liabilities for anticipated tax audit issues based
on estimates of whether additional taxes will be due. Where the final outcome of these matters are different from the amounts that were
initially recorded, such differences will impact the income tax and deferred income tax provisions in the period in which such determination
is made.
(ii)
Critical Judgements in applying the entity’s accounting policies
In the process of applying the company accounting policies, management has made judgement in determining:
* whether assets are impaired
ACCRA BREWERY LIMITED / ANNUAL REPORT 2009