The Impact of Tax Law on Accounting Estimates in Poland and the United Kingdom (Based on Depreciation)

Authors

  • Marcin Piotr Walkowiak Poznan University of Economics

Keywords:

accountancy, depreciation, fixed assets, behavioral economics, instant write-off, group depreciation

Abstract

The article presents the impact of tax law on accounting estimates. The research comprised all Polish construction companies that are listed (with accessible financial statement) in stock exchange, while the control group was a purposive sample of the biggest British companies from the same trade. The subject of analysis was building depreciation life, the instant asset write-off threshold, and group depreciation. Although companies in both countries prepared their financial statements in accordance with International Financial Reporting Standards, it was possible to show that their estimates were inspired by local tax law regulations.

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Author Biography

Marcin Piotr Walkowiak, Poznan University of Economics

Ph.D. student in Public Finance Department

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Published

2014-02-20

How to Cite

Walkowiak, M. P. (2014). The Impact of Tax Law on Accounting Estimates in Poland and the United Kingdom (Based on Depreciation). Acta Universitatis Lodziensis. Folia Oeconomica, 1(299). Retrieved from https://czasopisma.uni.lodz.pl/foe/article/view/138

Issue

Section

Finance

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