The Links between Accounting and Tax Reporting: The Case of Bad Debt Expense in the Italian Context
- Simone Poli
Abstract
This study shows the way tax rules, rather than accounting ones, affect the measurement of receivables for the purpose of preparing the financial statements of Italian private (unlisted) companies according to national accounting standards. Through the distribution approach, it shows that Italian companies are likely to account for bad debt expense that corresponds to the maximum tax-deductible amount. Considering that the impact of tax rules on the preparation of the financial statements may affect the quality of earnings, the main implication of the findings of this study is that the earnings reported by Italian companies are not unconditionally informative regarding the company’s performance. In other words, they may be of poor quality. As a result, they should be interpreted with caution by those who use financial statement information.
- Full Text:
PDF
- DOI:10.5539/ibr.v8n5p93
Journal Metrics
h-index (January 2024): 102
i10-index (January 2024): 947
h5-index (January 2024): N/A
h5-median(January 2024): N/A
( The data was calculated based on Google Scholar Citations. Click Here to Learn More. )
Index
- Academic Journals Database
- ACNP
- ANVUR (Italian National Agency for the Evaluation of Universities and Research Institutes)
- CNKI Scholar
- COPAC
- CrossRef
- EBSCOhost
- EconBiz
- ECONIS
- EconPapers
- Elektronische Zeitschriftenbibliothek (EZB)
- EuroPub Database
- Excellence in Research for Australia (ERA)
- Genamics JournalSeek
- Google Scholar
- Harvard Library
- IBZ Online
- IDEAS
- Infotrieve
- Kobson
- LOCKSS
- Mendeley
- MIAR
- Norwegian Centre for Research Data (NSD)
- PKP Open Archives Harvester
- Publons
- Qualis/CAPES
- RePEc
- ResearchGate
- ROAD
- Scilit
- SHERPA/RoMEO
- SocioRePEc
- Technische Informationsbibliothek (TIB)
- The Keepers Registry
- UCR Library
- Universe Digital Library
- ZBW-German National Library of Economics
- Zeitschriften Daten Bank (ZDB)
Contact
- Kevin DuranEditorial Assistant
- ibr@ccsenet.org