會(huì)計(jì)專業(yè)畢業(yè)論文外文翻譯--當(dāng)稅務(wù)會(huì)計(jì)和財(cái)務(wù)會(huì)計(jì)相符時(shí)企業(yè)會(huì)計(jì)政策決定的影響因素-會(huì)計(jì)審計(jì)(已修改)
2025-02-04 07:13 本頁(yè)面
【正文】 畢業(yè)設(shè) 計(jì)（ 論 文） 外 文 翻 譯 Factors influencing a firm39。s accounting policy decisions when tax accounting and financial accounting coincide The Authors Christos, Department of Accounting and Finance, Athens University of Economics and Business, Athens, Greece Abstract Purpose – This paper aims to investigate the factors that influence the accounting policy decisions of firms operating in Greece. Emphasis is given to management39。s perceptions regarding the impact that accounting figures have upon the decisionmaking and opinions of firms39。 stakeholders. Design/methodology/approach – Through a survey the financial managers of the 200 largest firms in Greece have been asked to indicate their opinions regarding the impact that reported figures have upon firms39。 stakeholders and the extent to which firms pursue specific profitrelated objectives. Findings – According to the participants in the survey accounting figures influence firms39。 stakeholders39。 perceptions and decisionmaking, and firms pursue profitrelated objectives that may not coincide with the objective of minimization of firms39。 tax liability. Research limitations/implications – Although certain measures have been taken in order to limit the response bias, one cannot rule out the possibility that some bias have been introduced in the responses. A further empirical investigation based upon annual reports will provide additional evidence regarding the factors that influence firms39。 reporting policies. Practical implications – This study helps researchers in identifying the factors that shape accounting policies of firms operating in countries with an environment similar to that of Greece. Additionally, the findings of this study can facilitate professionals who undertake international financial analysis. Originality/value – The findings of this study can contribute to explaining Greek firms39。 accounting decisions. Given that the accounting environment in Greece is similar to that prevailing in many European and nonEuropean countries this study can provide an insight regarding the factors that influence financial reporting choices of firms operating in these countries. Article Type: Research paper Keyword(s): Accounting policy。 Accounting。 Decision making。 financial reporting。 Greece. Journal: Managerial Auditing Journal Volume: 21 Number: 4 Year: 2021 pp: 372386 Copyright 169。Emerald Group Publishing Limited ISSN: 02686902 Introduction A firm39。s accounting policy decisions are made on the basis of the economic consequences of the alternative policies. According to Holthausen and Leftwich a firm39。s reporting policy choice has economic consequences when: … Changes in the rules used to calculate accounting numbers alter the distribution of a firm39。s cash flows, or the wealth of parties who use those numbers for contracting or decision making. In addition to their use in the contracting agreements between the various parties of a firm, reported accounting figures affect the firm39。s cash flows through their impact on the level of a pany39。s tax liability. This is the case, provided that the same accounting treatment is used for financial reporting and tax purposes alike. Tax planning can result in an increase in the firm39。s tax saving and consequently it can have a positive effect on a firm39。s cash flows. As a consequence, assuming rationality and efficient capital markets, an accounting policy that minimizes taxable ine should be preferred. However, given that the reduction of a firm39。s tax liability is usually acpanied by a corresponding decrease in its reported ine, tax planning, under certain circumstances, can have serious implications for various parties involved with a firm. The unfavorable picture of the firm’s financial position that may emerge as a result of a decrease in the level of reported figures can have serious consequences with regard to firm39。s ability to meet its contractual and regulatory obligations, while shareholders39。 and managers39。 personal wealth may be affected as well. These implications have been designated as the “nontax” costs – or financial reporting costs – of a tax reducing policy. Each party of a firm is supposed to tradeoff the tax benefits of an accounting choice, against the ensuing nontax costs. The oute of this tradeoff is supposed to influence a firm39。s accounting policy decisions. The aim of this study is to provide an understanding of the factors that influence the accountingpolicy decisions of firms operating in an accounting environment in which tax rules are used for financial reporting purposes. For this purpose, the accounting environment of Greece has been chosen. In Greece, ta
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