Comparison of Differences Between Accounting and Tax Law, and Tax Adjustments

Author: Gao Yunbin
Publisher:
Publish Date: 2003-09-01
Features: Financial accounting and tax accounting have different objectives. The former is guided by accounting standards and systems, while the latter follows tax laws. It has become a consensus and fact that the two should be appropriately separated. However, the differences between them also bring challenges in professional practice for tax workers and accountants. They need to handle the relationship between accounting income and taxable income, adjust accounting profits to taxable income, and account for the differences between the two. So, what are the inconsistencies between China's current accounting standards and systems and tax laws? How should these inconsistencies be handled in accounting? These are concerns for many accountants and tax workers, and they also affect the legitimate rights and interests of taxpayers and national interests. "Comparative Analysis of Differences Between Accounting and Tax Law and Tax Adjustments" is a timely work with strong practicality and theoretical depth. The book cites authoritative documents and literature, comprehensively and systematically analyzing the root causes of various differences, their concentrated manifestations, and their tax and accounting treatments. Correctly handling these differences also helps strengthen and improve tax collection and management systems.