Research On Group's Income Tax Accounting In China

The appearance of the enterprise group to make the economic organizations of enterprises and business activities becoming more and more complicated, in order to reflect financial standing of the enterprise group and management performance effectively in time, meeting the demands of accounting information user, it is imperative to standardize group's accounting disposal. The financial report of the enterprise group is a new thing to China, which is comparatively complicated in theory and practice. But Chinese current regulations do not standardize all activities of enterprise group. Especially problem of income tax in the enterprise group have not been involved yet the current standard. There aren't systemic and all-sided regulations of group's income tax accounting. Imperfect standard has negative effect to relevance and reliability of accounting information disclosed by enterprise group. Therefore, the research on group's income tax accounting significance for perfecting the accounting standard of income tax and improving the quality of accounting information of enterprise group.According to above reasons, the author, on the basis of income tax accounting theory, researches group's income tax accounting. The whole dissertation consists of five chapters:The first chapter introduces group's income tax accounting.Group is a new pattern company as economy growing. Comparing to common enterprise, the tax law of group is special relatively. As present, there is not specific definition of group's income tax accounting in China. The author brings forwards the concept and characteristic, combining some opinions of home and broad exporters. Then, it is analyzed that the influence to group's income tax accounting which Chinese economic environment has. Under present economic environment, the author considers: to reflect the financial situation of the enterprise group objectively and all-sided is the goal of standards of group's income tax accounting; standards of group's income tax accounting should focus on the assurance of the sense of principle, but needn't pay close attention to the concrete clause too much; standards of group's income tax accounting should strengthen its guidance to the economic activity; standards of group's income tax accounting need to consider international harmony. Moreover, many problems of group's income tax accounting in China are discussed. For instance, many kinds of income tax accounting treatment methods coexist and are used; relevant standards of group's income tax accounting in consolidated financial statement are imperfect; there are not harmony among all kinds of standards. The analysis has offered the realistic basis for making the accounting standard of the group's income tax accounting.The second chapter studied the theoretical foundation of group's income tax accounting treatment methods.To choose one proper income tax accounting treatment method is essential to reflect the financial standing fairly and objectively. On the basis of a brief introduction to the element of income tax accounting treatment method, the chapter compares various kinds of income tax accounting treatment method in the view of theoretical foundation and analyzing the condition under which these methods are used in detail. In the section, the author has put forward some his own opinions. Income tax accounting treatment methods are divided into taxes parable method and tax effect accounting mainly. It is generally considered that taxes parable method follows cash basis, but tax effect accounting follows. However, the author thinks: both methods follow accrual basis. The major difference between the two methods lies in that taxes parable method should take tax laws as the leading factor to deal with the income tax accounting, while tax effect accounting should take accounting regulations as the leading factor to deal with the income tax accounting. Deferred method regards historical value as and measurement attribute, while liability method combines historical value and fair value as...