Question: On September 1 5 , Year 4 , the county in which Spirit Company operates enacted changes in the countys tax law. These changes are

On September 15, Year 4, the county in which Spirit Company operates enacted changes in the countys tax law. These changes are to become effective on January 1, Year 5. They will have a material effect on the deferred tax amounts that Spirit reported. In which of the following interim and annual financial statements issued by Spirit should the effect of the changes in tax law initially be reported?
The interim financial statements for the 3-month period ending March 31, Year 5.
The annual financial statements for the year ending December 31, Year 4.
The interim financial statements for the 3-month period ending September 30, Year 4.
The annual financial statements for the year ending December 31, Year 5.
On September 1 5 , Year 4 , the county in which

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