Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System

Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System

The paper is concerned with the influence of a financial reporting system on a deferred tax reporting. The continental and Anglo‑Saxon reporting systems are compared. The materiality of the deferred tax item is used as a means for evaluation of the impact of deferred tax reporting. The category of d...

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Bibliographic Details
Main Authors: Petr Habanec, Hana Bohušová
Format: Article
Language:English
Published: Mendel University Press 2017-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
the category of deferred income tax
Czech Republic
the materiality level
Continental and Anglo‑Saxon reporting systems
Online Access:https://acta.mendelu.cz/65/6/1917/
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spelling doaj-4ec89bb4ca1240f784ac90861d171d3c2020-11-25T01:43:57ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102017-01-016561917192410.11118/actaun201765061917Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting SystemPetr Habanec0Hana Bohušová1Department of Accounting and Taxation, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicDepartment of Accounting and Taxation, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicThe paper is concerned with the influence of a financial reporting system on a deferred tax reporting. The continental and Anglo‑Saxon reporting systems are compared. The materiality of the deferred tax item is used as a means for evaluation of the impact of deferred tax reporting. The category of deferred income tax is assessed on a sample of companies operating in the chemical industry (NACE 20.1) and reporting in accordance with the Czech accounting legislation (representative of continental reporting system) in the time series from 2005 to 2015. The results are compared with the results of author’s previous study concerning the reporting of deferred tax according to IFRS (representative of Anglo‑Saxon reporting system).https://acta.mendelu.cz/65/6/1917/the category of deferred income taxCzech Republicthe materiality levelContinental and Anglo‑Saxon reporting systems
collection DOAJ
language English
format Article
sources DOAJ
author Petr Habanec
Hana Bohušová
spellingShingle Petr Habanec
Hana Bohušová
Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
the category of deferred income tax
Czech Republic
the materiality level
Continental and Anglo‑Saxon reporting systems
author_facet Petr Habanec
Hana Bohušová
author_sort Petr Habanec
title Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System
title_short Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System
title_full Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System
title_fullStr Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System
title_full_unstemmed Comparison of Deferred Tax Materiality Reporting in Accordance with Continental and Anglo‑Saxon Reporting System
title_sort comparison of deferred tax materiality reporting in accordance with continental and anglo‑saxon reporting system
publisher Mendel University Press
series Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
issn 1211-8516
2464-8310
publishDate 2017-01-01
description The paper is concerned with the influence of a financial reporting system on a deferred tax reporting. The continental and Anglo‑Saxon reporting systems are compared. The materiality of the deferred tax item is used as a means for evaluation of the impact of deferred tax reporting. The category of deferred income tax is assessed on a sample of companies operating in the chemical industry (NACE 20.1) and reporting in accordance with the Czech accounting legislation (representative of continental reporting system) in the time series from 2005 to 2015. The results are compared with the results of author’s previous study concerning the reporting of deferred tax according to IFRS (representative of Anglo‑Saxon reporting system).
topic the category of deferred income tax
Czech Republic
the materiality level
Continental and Anglo‑Saxon reporting systems
url https://acta.mendelu.cz/65/6/1917/
work_keys_str_mv AT petrhabanec comparisonofdeferredtaxmaterialityreportinginaccordancewithcontinentalandanglosaxonreportingsystem
AT hanabohusova comparisonofdeferredtaxmaterialityreportinginaccordancewithcontinentalandanglosaxonreportingsystem
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