The Possible Weakening of Financial Accounting from Tax Reforms

被引：12
|
作者：
Hanlon, Michelle [1 ]
机构：
[1] MIT, Sloan Sch Management, Dept Accounting, 77 Massachusetts Ave, Cambridge, MA 02139 USA
来源：
ACCOUNTING REVIEW | 2021年 / 96卷 / 05期
关键词：
book-tax conformity; financial reporting quality; tax policy; EARNINGS MANAGEMENT; VALUE RELEVANCE; BOOK INCOME; CONFORMITY; INCENTIVES; EDUCATION; WILL;
D O I：
10.2308/TAR-2021-0198
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
There are past and proposed tax law changes that contain provisions that affect financial reporting. These include calls for book-tax conformity, proposals to increase the links between financial accounting and taxable incomes, and actions by Congress that make direct alterations to U.S. GAAP. I submit that these tax law changes potentially threaten financial reporting quality. I discuss my concerns about why such provisions have not attracted attention from accountants to the extent they should and make a case for more awareness and more research going forward.
引用
收藏
页码：389 / 401
页数：13
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