Carolin Famulla Latente Steuern in der Unternehmensrechnung

About this book

The accounting for deferred taxes is a controversial issue in the literature and in business practice due to ist complexity. In particular, the consideration of deferred taxes in the context of accounting-based, value-oriented corporate management is largely rejected.

The author adopts this critical stance and examines the relevance of deferred taxes for external accounting and value-oriented corporate management in this work. Taking into account options and discretion, the recognition and measurement of deferred taxes under the German Commercial Code (HGB), International Financial Reporting Standards (IFRS), and United States Generally Accepted Accounting Principles (US GAAP) are subjected to a comprehensive critical analysis. The reasons for accounting deferred taxes are investigated, and recommendations for handling options and discretion are developed in order to make the complexity of deferred taxes more manageable.

This work is a contribution to reducing the lack of transparency of deferred taxes. In addition to the relevance of deferred taxes for external accounting, the author examines the importance of deferred taxes for value-oriented corporate management, which is studied in detail using the example of Economic Value Added (EVA®). A formal-quantitative analysis shows that deferred taxes not only represent a complexity-increasing accounting factor but also have a positive impact on the information content of financial statements and accounting-based management indicators.