A comparative Study of the Liability of the Income Statement and the Liability of the Balance Sheet
- 10.2991/jimet-15.2015.3How to use a DOI?
- temporary differences, time difference, the balance sheet debt method, income statement debt method
On February 15, 2006, the ministry of finance issued new enterprise accounting standards system, including the accounting standards for enterprises - income tax ,which has clearly shown that we should apply the international balance sheet debt method to tax accounting. The view of assets and liability, as the theoretical basis of balance sheet debt method , pays more attention to the reality of transaction and event, so that it can make financial statements more true and fair.
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Wang Jianbing AU - Wang Jun PY - 2015/12 DA - 2015/12 TI - A comparative Study of the Liability of the Income Statement and the Liability of the Balance Sheet BT - Proceedings of the 2015 Joint International Mechanical, Electronic and Information Technology Conference PB - Atlantis Press SP - 11 EP - 14 SN - 2352-538X UR - https://doi.org/10.2991/jimet-15.2015.3 DO - 10.2991/jimet-15.2015.3 ID - Jianbing2015/12 ER -