Deferred Taxes on Operations With the Capital: Acceptance and Accounting
Journal Title: Бізнес Інформ - Year 2013, Vol 6, Issue 0
Abstract
The article analyses requirements of the national standards of accounting and international standards of fiscal accounting in application of the mechanism of deferred taxes that ensures reflection of the current and future tax consequences of economic operations of a company and envisages provision of information about deferred taxes in financial reports. It justifies that accounting of tax consequences of operations and other events should be carried out in the same manner as the accounting of the operations and events is carried out. It identifies possible methods of reflection of deferred taxes: in profits (losses), in other aggregate profit, in own capital items and in goodwill. It considers approaches to acceptance of deferred taxes by operations, which are reflected by items of the capital on the example of re-evaluation of fixed assets. It formulates directions of improvement of the legislation and provides recommendations on accounting of deferred taxes in the moment of re-evaluation of the objects of fixed assets and also gradual transferral of the sum of increase in the value of fixed assets to the undistributed profit and writing-off the deferred tax liability, realisation of which would allow increase the quality of fiscal accounting.
Authors and Affiliations
Eleonora Geyer
Keywords
Related Articles
- EP ID EP151882
- DOI -
- Views 94
- Downloads 0
Management of the Financial Resources of an Enterprise as Part of its Investment Activities
The aim of the article is to study the nature and understanding of the mechanism of managing the formation of financial resources of the enterprise. In modern conditions, one of the important causes of the crisis in many...
Problems of Research Work in the Information Society
The paper put three issues which, in my opinion, are essential in the modern study of labor in the information society. In particular, to the author's vision of what can be considered informational labor; logical approac...
Coordination of Management and Production Processes at the Enterprise
Features of production and management processes concordance on the basis of business-processes matrix construction are considered, criteria and indexes of achievement of coordination as end-point are offered in the artic...
Study of the Influence of the Tax Factor upon Small Enterprises Activity in Ukraine
The goal of the article is assessment of influence of the tax factor upon activity of small enterprises under conditions of changing the tax legislation. Analysing, systemising and generalising scientific works of many s...
Scientific-practical Approaches to Managing Logistical Risks in Pharmacy
The goal of the article is development of an adequate method of assessment of logistical risks for the pharmaceutical industry. The article shows urgency of managing logistical risks by subjects of the pharmaceutical mar...