Executive Summary This paper discusses the issues surrounding the proposals to conform financial accounting income and taxable income. The two incomes diverged in the late 1990s, with financial accounting income becoming increasingly greater than taxable income through the year 2000. While the cause of this divergence is not known for certain, many suspect that it is the result of earnings mana...

This paper describes the framework of the institutional relationship between financial reporting and taxation in Japan and discusses how the relationship contributes corporate governance from viewpoints of reduction of some kinds of costs concerning tax compliance and political processes and both honest financial reporting and tax filing, in Japan. It has been criticized that the connection bet...

-The domains of accounting, tax, and audit services have become much more complex during recent years. This development has generated a need for leveraging professional expertise and judgment processes. In an attempt to meet this need, there are a number of projects in the Marriott School of Management, Brigham Young University (B YU) that apply artificial intelligence techniques and methods to...

Inflation is the level of prices increasing at a substantial rate over some time, thus requiring more money each year to buy given amount goods and services. Financial statements are instruments an enterprise that show financial situation outcomes functions. In high inflationary periods, if they reported in monetary unit identicalhyperinflationary economy do not reflect real activity entity. Ma...