Research On Tax Accounting Reporting System

In recent years, with the continuous development and improvement of the socialistmarket economic system, the accounting system and tax system reform, and has maderemarkable achievement. Along with the deepening of reform, Enterprise Accounting System,Accounting Standards for Enterprises and a series of tax-related laws and regulations areconstantly refined and improved. In the process of continuous improvement of the system,guidelines, laws and regulations, financial accounting and tax accounting division of labor ismore and more obvious. Accordingly, the differences in their targets is increasing. With thegoal difference between them is increasing, the difference of the revenue, expense recognitioncriteria has become increasingly prominent, which procures the Tax Accounting independentdevelopment.After years of development and exploration, many research results of Tax Accountinggradually recognized, which has formed a relatively complete theoretical system.TaxAccounting gradually separated from the Financial Accounting formation as an independentdiscipline. As an independent discipline, tax accounting, although there is molding thetheoretical framework and practical practices, but the tax accounting information disclosureand scope are not uniform, there are also many problems in the point of view of taxaccounting information users, it is necessary to further the discussed. This shows theexploring of the tax accounting reporting system is very important.Relative to the United States and other developed countries, China’s tax accounting of alate start, tax accounting development model, the theoretical basis, can learn from theexperience of developed countries. Academia by the context of the national tax legislation,accounting norms method, historical tradition, economic system, investment system,enterprise organizational forms and other elements of the tax accounting division for the threemain models:(1) represented by France, the fiscal unity mode;(2) as the representative of theUnited States and taxation separation mode;(3) Japan as the representative of the hybridmode.Analysis of the course of development of developed countries, tax accounting, taxaccounting model to explore the development trend, demonstrated the inevitability of taxaccounting from financial accounting separation. Tax accounting theory, based on analysis ofthe status of tax accounting report, pointed out its problems. Current tax accounting statements mainly in the following four aspects:(1) tax accounting information mainly fromthe statement of financial accounting, tax accounting information disclosed in the statementsof financial accounting is incomplete, the articulation between the tax accounting informationand financial and accounting statements.The relationship of them is not strong;(2)there aresome differences between the tax bases and accounting bases.Companies need to adjust thedifference between the accounting information for the relevant tax, thereby increasing thedifficulty and workload of corporate tax returns;(3) tax accounting statements do not reflectthe impact of tax-related matters of corporate cash flow;(4) business managers andstakeholders can not be timely, comprehensive access to tax information detrimental to theirdecisions.Current tax accounting information disclosure problems can be summarized does notcompile separate tax accounting reports. Design a complete set of tax accounting statements,comprehensive system reflecting the tax accounting information, it is necessary to provideusers with a more objective, accurate and comprehensive tax information. Tax accountingreporting system should be constituted by tax accounting balance sheet, income statement,cash flow statement and enterprise total tax status table.Compared with the results of other studies, there are some new research results.Innovative research perspective, not only demonstrated a fiscal separate objective necessity,also be further explored, tax accounting information disclosure problems in taxationseparation mode; analysis of the problems of the current tax accounting statements, to proposespecific measures to build more perfect tax system of accounting statements. However,research carried out only limited to the theoretical level, for the concrete application of the taxsystem of accounting statements, still need more practice to perfect.