Research On Tax Accounting Report

In recent years,with the development of market economy and the establishment of modern enterprise system,investors and ownership structure began to diversify,corporate stakeholders are in urgent need for accounting norms to meet the requirement of capital maintenance and appreciation and to prevent risks.Tax accounting aims to ensure the realization of business interests through the continuous improvement of tax laws and regulations,accounting standards and enterprise accounting system.However,tax accounting based on the result of financial accounting need tax adjustments or recalculates for accounting transactions that in accordance to accounting standards and accounting system which are discrepant to state's current tax laws and regulations or for purpose of tax planning.Especially,repositioning to the objective of financial reporting according to Accounting Standards for Enterprises-Basic Standards(2006)leads the separation of tax accounting and financial accounting is inevitable.Otherwise.information disclosure costs would largely increase due to tax adjustments and it would inot conducive to providing high quality tax accounting information to information users of financial statements.Tax accounting is the branch of modern accounting.lTax accounting consists of accounting methods that focus on tax_related matters which includes all activities related to filing tax returins and planning for future tax obligations rather than the appearance of public financial statements.Tax acccounting is governed by the state's current tax laws and regulations which cdictates the specific rules that companies and individuals must follow when preparing their tax return.As an independent professional accounting,tax accounting should has its own accounting report system.-The objective of tax accounting is to provide tax information that contributes to tax decisions for tax accounting information users,while the form of information is tax accounting report.The corrective of tax accounting report depends on tax laws and accounting standards.It means tax laws and accounting standards are not only the norms of tax accounting,the bases of tax regulation formulation and tax accounting calculation.but also the standards to evaluate tax accounting calculation's legality,namely whether tax payers claim taxes lawfully and lax authorities collect tax according to laws and regulations.With the implementation of accounting standards and tax reform in recent years,there is an urgent need for tax accounting report aind inf-ormation disclosure.Especially with the international convergence of accounting standards and international coordination of tax,tax accounting has an increase influence.IThe researches and applications of tax accounting report became increasingly important.Therefore,the study of tax accounting report and tax accounting information disclosure has very important theoretical and practical significance.Based on reading copious articles and periodicals,this paper reviews domestic and international researches concerning the theoretical basis of tax accounting,tax accounting report,inf-ormation disclosure and other related issues to refine existing research results-.Secondly,|by sorting relevant tax accounting concept,the theory of tax accounting generation and development,the theory of tax accounting mode selection and adopting principal-agent theory,stakeholder theory,theory of social responsibility,asymmetric information theory?corporate governance theory,transaction cost theory,this paper leads to the necessity of-tax accountinginformation disclosure and summarizes tax accounting's conceptual framework which mainly includes the obj ective of tax accounting report,quality characteristics of tax accounting reporting information.basic premise of tax accounting reports,elements of tax accounting reporting,tax accounting measurement attributes and disclosure of tax accounting reports.To study the empirical understanding of tax accounting report in practice,this paper summarizes the level of knowledge of tax accounting report and the existing problems by using survey and questionnaire.This paper designs tax accounting reporting system and analyzes these reports from internal and external aspects,combined with the cases.Finally,by analyzing the existing tax accounting information disclosure problems s this paper establishes tax accounting information disclosure framework via disclosure objectives,disclosure principles,disclosure contents,independent tax accounting information reports and disclosure information evaluation.At the same time,this paper builds norms,guidelines and public disclosure channels to tax accounting information disclosure,formulates targeted auditing system to tax accounting report,and provides insights and ideas to build corporate tax accounting reports and information disclosure system.