Accounting treatment and taxable income.

• Main Authors: Ng, Hui Fang., Ng, Kwee Fung., Shum, Jia Min.
• Other Authors: Tan, How Teck
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Accounting::Income
• Online Access: http://hdl.handle.net/10356/8469
• Institution: Nanyang Technological University

Accounting standards and tax law had developed independently in ascertaining what “profit” is. Position of the courts in the UK and Singapore on the weightage of accounting evidence accorded in tax cases is assessed. A commentary follows on the feasibility of an alignment of accounting and taxable...