Research in accounting for income taxes

• 成果类型: Article
• 署名作者: Graham, John R.; Raedy, Jana S.; Shackelford, Douglas A.
• 署名单位: Duke University; University of North Carolina; University of North Carolina Chapel Hill
• 刊物名称: JOURNAL OF ACCOUNTING & ECONOMICS
• ISSN/ISSBN: 0165-4101
• DOI: 10.1016/j.jacceco.2011.11.006
• 发表日期: 2012
• 关键词: value-relevance literature; earnings management; taxable income; valuation allowance; Fundamental analysis; performance-measure; foreign earnings; FUTURE EARNINGS; book income; FIRMS

摘要

This paper comprehensively reviews the Accounting for Income Taxes (AFIT) literature. We begin by identifying four distinctive aspects of AFIT and briefly covering the rules surrounding AFIT. We then review the existing studies in detail and offer suggestions for future research. We emphasize the research questions that have been addressed (most of which relate to whether the tax accounts are used to manage earnings and whether the tax accounts are priced by equity market participants). We also highlight areas that have not received much research attention and that warrant future analysis. (C) 2011 Elsevier B.V. All rights reserved.