(3.129.57.21)
Users online: 18094     
Ijournet
Email id
 

Asian Journal of Research in Banking and Finance
Year : 2011, Volume : 1, Issue : 2
First page : ( 58) Last page : ( 67)
Online ISSN : 2249-7323.

Convergence in accounting the deferred tax

Dr. Gnanakumar P. Baba*Professor & Head

*Department of Commerce, Sri Krishna Arts and Science College, Coimbatore – 641008, Tamil Nadu.

Online published on 12 November, 2011.

Abstract

Due to variation in the disclosure norms among the direct taxes and accounting standards, the firms are following dual standards. The investors’ perceptions towards profitability are inflated or deflated by the deferred taxes. Hence this conceptual study aims to bring out the effect of deferred taxes in accounting policies. The deferred taxes are in increasing trend during the last five years. The variation in tax rate and virtual certainty leads to that effect. Hence the fiscal policy regulators should consider the deferred tax trend in fixing the corporate taxes. Then only the timing differences will be adjusted with the tax rate differences.

Top

Keywords

AS 22, FASB, GAAP.

Top

  

Access denied

Your current subscription does not entitle you to view this content or Abstract is unavailable, the access to full-text of this Article/Journal has been denied. For Information regarding subscription please click here.

For a comprehensive list of other publications available on IJour.net please click here

or, You can subscribe other items from IJour.net (Click here to see other items list.)

Top

║ Site map ║ Privacy Policy ║ Copyright ║ Terms & Conditions ║ Page Rank Tool
754,783,010 visitor(s) since 30th May, 2005.
All rights reserved. Site designed and maintained by DIVA ENTERPRISES PVT. LTD..
Note: Please use Internet Explorer (6.0 or above). Some functionalities may not work in other browsers.