A Study On The Differences Between Accounting Standards And Income Tax System And Their Coordination

In recent years, China’s accounting standards and conducted a series of progressive income tax system reform. February15,2006, the Ministry of Finance issued, including a basic criteria and38specific criteria, including corporate accounting standards system. July2014, the Ministry of Finance has revised the five specific criteria, including employee compensation, including, added three specific criteria. Meanwhile, the income tax system is changing. March16,2007, the fifth meeting of the Tenth National People’s Congress adopted the "People’s Republic of China Enterprise Income Tax Law", the same year on December6released the Income Tax Act implementing regulations, and the next year will release a lot of regulations. With the reform and revision of accounting standards and the income tax system, the difference between the two is gradually expanding. For the same business, accounting on its confirmation, but no confirmation on tax law, will ultimately result in differences between the tax and abnormal complicated income tax adjustments. In this paper, through the study of differences in accounting standards and tax system and coordination, there are two meanings:(1) At the same time looking for differences arising analyze the reasons for the differences, enrich and improve our financial and tax accounting theory theory;(2) Based on Microscopic comparison of the Accounting Standards and Regulations for the Implementation of Enterprise Income Tax Law, the difference in specific economic analysis of the business and the tax treatment of the accounting treatment, and to find coordinated path, reducing corporate tax-related risk, cost accounting and tax compliance costs, as well as tax the cost of the tax authorities.This article mainly theoretical basis of accounting and tax differences arising as the basis, taking literature analysis, comparative analysis and other research methods, based on the "Enterprise Accounting Standards" and the relevant provisions of the "Enterprise Income Tax Law", by analyzing the accounting and taxation of the same object The different treatments, combined with differences arising theoretical basis, principles and specific business, identifying narrow point and non-point narrowing. Can be reduced to the point, were coordinated from the macro and micro aspects; and for not narrow point, the disclosure of information by the tax-related coordination.Based on research and elaboration of this article,1think:(1) The differences are inevitable, can not be completely eliminated, but it can be reduced;(2) The coordination will be a "two-way coordination" process, due to accounting Guidelines have prospective institutional coordination with corporate income tax law to accounting standards-based, tax-related information disclosure in order to coordinate accounting standards-based enterprise income tax law;(3) Business filers Tax Information Disclosure Form solve An important way for enterprises to obtain tax-related information.