Book-Tax conformity in the IFRS Era

Luca Menicacci

Book-Tax conformity in the IFRS Era

Evidence from Italian Listed Companies

This book aims to provide the reader with a comprehensive picture of the accounting issues regarding book-tax conformity considering IFRS adoption. The empirical research aims at evaluating the effect of both weak and strong book-tax conformity on accounting quality by analysing the impact of IFRS adoption on tax reporting in reference to listed Italian companies.

Pages: 136

ISBN: 9788835140153

Edizione:1a edizione 2022

Publisher code: 368.24

Can print: No

Can Copy: No

Can annotate: Sì

Format: PDF con DRM for Digital Editions

Info about e-books

This book aims to provide the reader with a comprehensive picture of the accounting issues regarding book-tax conformity considering IFRS adoption. After a summary of the relationship between book and taxable income across jurisdictions, the book offers a review of extant research on book-tax conformity. Both theoretical and empirical studies are covered, underlining the ongoing debate on the costs and benefits of book-tax conformity. The empirical research included in the book aims at evaluating the effect of both weak and strong book-tax conformity on accounting quality by analysing the impact of IFRS adoption on tax reporting in reference to listed Italian companies. Since the large body of extant literature on book-tax conformity has not reached a consensus over its consequences on financial reporting, this work widens the findings of this strand of research.

Luca Menicacci
is Adjunct Professor in Accounting at the Free University of Bozen-Bolzano. Previously, he was a Ph.D. student at the University of Florence, where he also served as a lecturer in International Accounting. Corporate taxation, tax avoidance, accounting quality, and non-financial reporting are among his research interests. He is a member of SIDREA, EAA, and BAFA. He holds a Doctoral degree in Business Administration and Management and is a Certified Accountant and Auditor in Italy.

Introduction
The relationship between book and taxable income across jurisdictions
(Conforming book and taxable income: mere academic debate or real policy issue?; European directives on IFRS: impact on taxation; IFRS adoption: the case of Italy; The Italian system of corporate taxation)
Book-tax conformity in accounting research
(The crossroad of financial accounting and taxation; Extant accounting research on book-tax conformity)
BTC and accounting quality: empirical evidence from Italian listed companies
(Motivation: the switch from a two-book to a one-book system; Hypotheses development; Data: unconsolidated IFRS annual reports; Empirical measures; Descriptive statistics; Book-tax conformity assessment; Accounting quality analysis)
Concluding remarks
(Contribution, limitations and future developments; Policy implications)
References
Appendix A. Variables definition.

Serie: Accounting & business studies

Subjects: Economy and Business Studies

Level: Scholarly Research

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