`   The discussion of ``derecognition of deferred tax assets/liabilities`` is not accurate. Management's assessment of a valuation allowance against a deferred tax asset needs to be addressed more thoroughly and the article. In addition, DTLs are not evaluated to be ``derecognized`` as DTAs are. In what situation would one ``derecognize`` a DTL? If there was a DTL erroneously recorded in a prior period this would not be a ``derecognition`` event.   `