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An Accounting and Taxation Conundrum

Publication | 2007

The introduction of new financial reporting standards in the European Union (EU) is having significant direct consequences for many of the preparers and users of financial information. These consequences are generally well documented and explored by many distinguished experts. However, less well documented are some of the indirect consequences of the implementation of new financial accounting standards in the EU. One such area is in the relationship between corporate financial accounting (‘financial accounting’) and corporate income tax accounting (‘tax accounting’).

Focus Areas

Croatia Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2007

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Croatia. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas

Kazakhstan Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2007

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Kazakhstan. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas

Lithuania Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2007

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Lithuania. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas

Montenegro Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2007

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Montenegro. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas