ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES
The article considers the essence of deferred tax assets and liabilities and their reflection in the system of accounts and registers in the historical context. The periodization of the process of formation and development of the problem of deferred taxes in Ukraine with the use of normative and hi...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Helvetica Publishing House
2021-11-01
|
| Series: | Економіка та суспільство |
| Subjects: | |
| Online Access: | http://economyandsociety.in.ua/index.php/journal/article/view/883 |
| _version_ | 1811220929673428992 |
|---|---|
| author | Olha Vysochan Tetiana Ivasiuk |
| author_facet | Olha Vysochan Tetiana Ivasiuk |
| author_sort | Olha Vysochan |
| collection | DOAJ |
| description |
The article considers the essence of deferred tax assets and liabilities and their reflection in the system of accounts and registers in the historical context. The periodization of the process of formation and development of the problem of deferred taxes in Ukraine with the use of normative and historical methods of cognition is carried out. The differences between permanent and temporary differences in tax profit (loss) and accounting profit (loss) are described. The approach to accounting for deferred taxes and their place in the reporting of enterprises using an algorithmic process is generalized. A detailed description of the current position of accounting for deferred taxes through the viewpoint of Ukrainian accounting standard 17 "Income Tax". Conclusions are made on the possibility of further research on the elimination of methodological difficulties in the allocation of certain tax differences to temporary or permanent.
|
| first_indexed | 2024-04-12T07:50:20Z |
| format | Article |
| id | doaj.art-c430c382779a4b7dbfbc64845d90fdf5 |
| institution | Directory Open Access Journal |
| issn | 2524-0072 |
| language | English |
| last_indexed | 2024-04-12T07:50:20Z |
| publishDate | 2021-11-01 |
| publisher | Helvetica Publishing House |
| record_format | Article |
| series | Економіка та суспільство |
| spelling | doaj.art-c430c382779a4b7dbfbc64845d90fdf52022-12-22T03:41:36ZengHelvetica Publishing HouseЕкономіка та суспільство2524-00722021-11-013310.32782/2524-0072/2021-33-15ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIESOlha Vysochan0Tetiana Ivasiuk1Lviv Polytechnic National UniversityLviv Polytechnic National University The article considers the essence of deferred tax assets and liabilities and their reflection in the system of accounts and registers in the historical context. The periodization of the process of formation and development of the problem of deferred taxes in Ukraine with the use of normative and historical methods of cognition is carried out. The differences between permanent and temporary differences in tax profit (loss) and accounting profit (loss) are described. The approach to accounting for deferred taxes and their place in the reporting of enterprises using an algorithmic process is generalized. A detailed description of the current position of accounting for deferred taxes through the viewpoint of Ukrainian accounting standard 17 "Income Tax". Conclusions are made on the possibility of further research on the elimination of methodological difficulties in the allocation of certain tax differences to temporary or permanent. http://economyandsociety.in.ua/index.php/journal/article/view/883income tax expensesincome tax gaintemporary tax differencespermanent tax differencesdeferred tax assetsdeferred tax liabilities |
| spellingShingle | Olha Vysochan Tetiana Ivasiuk ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES Економіка та суспільство income tax expenses income tax gain temporary tax differences permanent tax differences deferred tax assets deferred tax liabilities |
| title | ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES |
| title_full | ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES |
| title_fullStr | ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES |
| title_full_unstemmed | ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES |
| title_short | ACCOUNTING OF DEFERRED TAX ASSETS AND LIABILITIES: HISTORICAL EXCURSION AND MODERN REALITIES |
| title_sort | accounting of deferred tax assets and liabilities historical excursion and modern realities |
| topic | income tax expenses income tax gain temporary tax differences permanent tax differences deferred tax assets deferred tax liabilities |
| url | http://economyandsociety.in.ua/index.php/journal/article/view/883 |
| work_keys_str_mv | AT olhavysochan accountingofdeferredtaxassetsandliabilitieshistoricalexcursionandmodernrealities AT tetianaivasiuk accountingofdeferredtaxassetsandliabilitieshistoricalexcursionandmodernrealities |