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)-全文預(yù)覽
【正文】 accounting numbers when making a loan application. If the applying firm has a strong link with a particular bank, one cannot rule out the possibility that the bank39。 credit decisions, and thus raise the cost of capital for the firm. Furthermore, the violation of the terms of loan agreements places a firm in technical default, a situation that can have particularly adverse consequences for a firm. In order to reduce the likelihood that these events will occur, firms are more likely to adopt an ineincreasing accounting 。s management, the necessity for using a bonus scheme is reduced, while managers can municate any information directly to shareholders without having to use published financial statements. Thus, nontax costs may be of lesser importance and firms are expected to pursue a more aggressive taxreducing policy. The findings of empirical research seem to support the argument that in parison to the widelyheld firms, the closelyheld ones are less concerned about the nontax consequences of their accounting choices, and they are more inclined to implement a taxreducing strategy. In Greece, as in many European countries (. France, Italy), the ownershipstructure of the majority of the firms is characterized by a high level of concentration. In most cases the owners are actively involved in their panies39。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, tax accounting and financial accounting coincide and it is expected that tax considerations will influence management’s accounting policy decisions. This study investigates whether nontax considerations can influence firms39。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 cash flows through their impact on the level of a pany39。Emerald Group Publishing Limited ISSN: 02686902 Introduction A firm39。 Accounting。 perceptions and decisionmaking, and firms pursue profitrelated objectives that may not coincide with the objective of minimization of firms39。s perceptions regarding the impact that accounting figures have upon the decisionmaking and opinions of firms39。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。 stakeholders39。 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。 Greece. Journal: Managerial Auditing Journal Volume: 21 Number: 4 Year: 2021 pp: 372386 Copyright 169。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. 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。 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。 perceptions regarding the impact that accounting figures have on their evaluation by the external users of accounts may make them particularly concerned about the level of reported profits. On the other hand, for those firms in which ownership is concentrated in the hands of a relatively small number of shareholders who actively control the firm39。s negotiations with the providers of credit capital,
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