The Possible Weakening of Financial Accounting from Tax Reforms
<jats:title>ABSTRACT</jats:title> <jats:p>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...
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| Format: | Article |
| Language: | English |
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American Accounting Association,
2022-08-01T15:52:14Z.
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| Online Access: | Get fulltext |
| LEADER | 01080 am a22001573u 4500 | ||
|---|---|---|---|
| 001 | 144172 | ||
| 042 | |a dc | ||
| 100 | 1 | 0 | |a Hanlon, Michelle |e author |
| 245 | 0 | 0 | |a The Possible Weakening of Financial Accounting from Tax Reforms |
| 260 | |b American Accounting Association, |c 2022-08-01T15:52:14Z. | ||
| 856 | |z Get fulltext |u https://hdl.handle.net/1721.1/144172 | ||
| 520 | |a <jats:title>ABSTRACT</jats:title> <jats:p>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.</jats:p> | ||
| 546 | |a en | ||
| 655 | 7 | |a Article | |
| 773 | |t 10.2308/TAR-2021-0198 | ||
| 773 | |t The Accounting Review | ||