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on Accounting and Auditing |
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Issue of 2023‒05‒01
six papers chosen by |
| By: | Christophe Herriau (CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique); Gaëlle Lenormand (CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique); Lionel Touchais (CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | Cet article analyse le processus d'implantation d'une nouvelle norme comptable à l'aune de la théorie des conventions. Des entretiens réalisés auprès de 18 groupes français soulignent l'importance de trois processus complémentaires dans la construction des pratiques comptables locales issues du déploiement de l'IFRS 15 : un processus d'interprétation de la norme, un processus d'imitation grâce auquel les acteurs convergent vers des pratiques communes via des logiques de place et via leurs pratiques opérationnelles et un processus de renforcement avec une volonté d'industrialisation des nouvelles règles. Cette recherche montre également que les conventions comptables sont fortement contraintes par les coûts d'implantation liés au déploiement d'une nouvelle norme comptable. |
| Keywords: | IFRS 15, implementation process, convention theory, revenue recognition, accounting standard |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04011412&r=acc |
| By: | Khaddouj Karim (ENSAM - École Nationale Supérieure des Arts et Métiers); Mohammed Ait Bahabbaz (FSJES Rabat) |
| Abstract: | Déclaration de divulgation : Les auteurs n'ont pas connaissance de quelconque financement qui pourrait affecter l'objectivité de cette étude. Conflit d'intérêts : Les auteurs ne signalent aucun conflit d'intérêts. Citer cet article AIT BAHABBAZ, M., & KARIM, K. (2022). La qualité de l'information comptable en normes IFRS et la performance financière des entreprises : Analyse de corrélation et étude statistique. |
| Keywords: | Normes IFRS, Qualités, Information comptable, Performance financière, Corrélation, IFRS standards, Qualitative characteristics, Accounting information, Financial performance, Correlation |
| Date: | 2022–10–10 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03816281&r=acc |
| By: | Ropponen, Olli; Viertola, Marika; Kari, Seppo; Valkonen, Tarmo |
| Abstract: | Abstract International corporate tax system does not succeed very well in taxing the cross-border business of the multinational enterprises. Therefore, both the European Union (EU) and the Organization for Economic Cooperation and Development (OECD) have proposed several tax reforms. We recognize in this Etla Brief the most central corporate tax reform proposals and evaluate their effects on the tax burden of the Finnish companies and on the tax revenues in Finland. Minimum tax (Pillar 2) is the only reform that provides favorable outcomes for both companies and government. It increases the investment incentives of companies by reducing their tax burden, while at the same time increasing the tax revenues in Finland. The proposed 15 percent minimum tax rate is better option from both the company and the government perspective than higher minimum tax rates. See also Etla Report no 138 Finnish Companies in the Vortex of International Tax Reforms. |
| Keywords: | International corporate taxation, Multinational enterprises (MNEs), Investments, Business in Europe: Framework for Income Taxation (BEFIT), Pillar 1, Pillar 2, Common (Consolidated) Corporate Tax Base (C(C)CTB) |
| JEL: | H25 H71 F21 F23 G11 |
| Date: | 2023–04–12 |
| URL: | http://d.repec.org/n?u=RePEc:rif:briefs:120&r=acc |
| By: | Fabio Ashtar Telarico |
| Abstract: | In the thirty years since the end of real socialism, Bulgaria's went from having a rather radically 'different' tax system to adopting flat-rate taxation with marginal tax rates that fell from figures as high as 40% to 10% for both the corporate-income tax and the personal-income tax. Crucially, the econometric forecasting models in use at the Bulgarian Ministry of Finance hinted at an increase in tax revenue compatible with the so-called 'Laffer curve'. Similarly, many economists held the view that revenues would have increased. However, reality fell short of those expectations based on forecasting models and rooted in mainstream economic theory. Thus, this paper asks whether there are betterperforming forecasting models for personal-and corporate-income tax-revenues in Bulgaria that are readily implementable and overperform the ones currently in use. After articulating a constructive critique of the current forecasting models, the paper offers readily implementable, transparent alternatives and proves their superiority. |
| Date: | 2023–02 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2303.09405&r=acc |
| By: | Ropponen, Olli; Viertola, Marika; Kari, Seppo; Valkonen, Tarmo |
| Abstract: | Abstract International corporate tax system does not succeed very well in taxing the cross-border business of the multinational enterprises. Therefore, both the European Union (EU) and the Organization for Economic Cooperation and Development (OECD) have proposed several tax reforms. We recognize in this Etla Report the most central corporate tax reform proposals and evaluate their effects on the tax burden of the Finnish companies and on the tax revenues in Finland. The common consolidated corporate tax base (CCCTB) proposed by the OECD, would reduce the investment incentives by increasing the tax burden of companies. It would also reduce the corporate tax revenues in Finland. The reallocation of residual profits (Pillar 1) would neither affect Finnish companies nor tax revenues in Finland. Minimum tax (Pillar 2) is the only reform that provides favorable outcomes for both companies and government. It increases the investment incentives of companies by reducing their tax burden, while at the same time increasing the tax revenues in Finland. The proposed 15 percent minimum tax rate is better option from both the company and the government perspective than higher minimum tax rates. See also Etla Brief no 120 The Devil Is in the Details: Suomalaiset yritykset kansainvälisten veroreformien pyörteissä. |
| Keywords: | International corporate taxation, Multinational enterprises (MNEs), Investments, Business in Europe: Framework for Income Taxation (BEFIT), Pillar 1, Pillar 2, Common (Consolidated) Corporate Tax Base (C(C)CTB) |
| JEL: | H25 H71 F21 F23 G11 |
| Date: | 2023–04–12 |
| URL: | http://d.repec.org/n?u=RePEc:rif:report:138&r=acc |
| By: | Andrew G. Biggs; Anqi Chen; Alicia H. Munnell |
| Abstract: | The question is how the COVID-19 pandemic affected the finances of vulnerable households, as well as those with more resources. On one hand, the shut-down of the economy resulted in salary cuts and job losses. On the other hand, many households received substantial government relief – through stimulus payments and unemployment benefits – and booming housing and equity markets accompanied the rapid economic rebound. Household consumption could also have gone up or down over this topsy turvy period. This brief, which is based on a recent paper, examines how COVID affected the balance sheets of U.S. households, as measured both by subjective self assessments and by objective measures of net wealth.1 It is only a first look at the issue as the period examined goes from December 2019-December 2021. The discussion proceeds as follows. The first section describes the financial support provided by the government during the pandemic. The second section discusses the data and methodology used to measure both the change in perceived well-being and changes in actual net worth. The third section presents the results, which include the reported use and perceived effects of the stimulus payments, as well as an assessment of how all of the relevant economic factors affected actual household balance sheets. The final section concludes that high-wealth households gained an enormous amount from the run-up of housing and equity prices during the period we examine; the stimulus payments and market gains helped boost the balance sheets of middle-wealth households; and the stimulus payments allowed lowwealth households to break even – a stark difference from the Great Recession. |
| Date: | 2023–02 |
| URL: | http://d.repec.org/n?u=RePEc:crr:issbrf:ib2023-05&r=acc |