Accounting question on DTL
I've heard that that for companies with heavy DTL on their balance sheet, adding more DTL can be beneficial. How so? Can anyone help? Maybe it depends on the industries like energy or insurance?
I've heard that that for companies with heavy DTL on their balance sheet, adding more DTL can be beneficial. How so? Can anyone help? Maybe it depends on the industries like energy or insurance?
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Maybe if you clarified what DTL means...
Calling yourself accountingmajor and then you ask for the definition of DTL. I am pretty sure he meant deferred tax liabilities.
Wrote something then I realized it was a joke... silly me
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