Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen

Malaysia started to adopt Financial Reporting Standards in 2006 due to the loopholes of Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IASs). The Financial Reporting Standards (FRSs) claimed to be better than GAAP and IASs because it could improve the quality...

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Main Author:	Hossen, Rashinah
Format:	Thesis
Language:	English
Published:	2011
Subjects:	Balance sheets Financial statements Including corporation reports Financial reporting Financial disclosure
Online Access:	https://ir.uitm.edu.my/id/eprint/82937/1/82937.pdf
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id	my-uitm-ir.82937
record_format	uketd_dc
spelling	my-uitm-ir.829372023-09-15T03:13:48Z Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen 2011 Hossen, Rashinah Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Malaysia started to adopt Financial Reporting Standards in 2006 due to the loopholes of Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IASs). The Financial Reporting Standards (FRSs) claimed to be better than GAAP and IASs because it could improve the quality of financial reporting, more comprehensive, effective and transparent. This study replicates the study conducted by Rohaya, Nor'azam and Barjoyai (2009). The authors focused on the samples before the adoption of FRSs. Therefore, this study attempts to extent the study by examining the impact of book-tax difference (BTD) and whether the taxable income can be used as another measurement to indicate the earnings quality after the adoption of FRSs. The result finds the gap between the reported earnings and taxable income is getting smaller after the adoption of FRSs. The finding also discovers that after-tax taxable income (ATTI) is significant and positively related to market value of common equity (MV). Thus, this study provides the evidence that the taxable income can be used as another measurement to indicate the earnings quality and firm's performance even after the adoption of FRSs. 2011 Thesis https://ir.uitm.edu.my/id/eprint/82937/ https://ir.uitm.edu.my/id/eprint/82937/1/82937.pdf text en public masters Universiti Teknologi MARA, Sabah Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Balance sheets Financial statements Including corporation reports Financial reporting Financial disclosure
spellingShingle	Balance sheets Financial statements Including corporation reports Financial reporting Financial disclosure Hossen, Rashinah Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen
description	Malaysia started to adopt Financial Reporting Standards in 2006 due to the loopholes of Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IASs). The Financial Reporting Standards (FRSs) claimed to be better than GAAP and IASs because it could improve the quality of financial reporting, more comprehensive, effective and transparent. This study replicates the study conducted by Rohaya, Nor'azam and Barjoyai (2009). The authors focused on the samples before the adoption of FRSs. Therefore, this study attempts to extent the study by examining the impact of book-tax difference (BTD) and whether the taxable income can be used as another measurement to indicate the earnings quality after the adoption of FRSs. The result finds the gap between the reported earnings and taxable income is getting smaller after the adoption of FRSs. The finding also discovers that after-tax taxable income (ATTI) is significant and positively related to market value of common equity (MV). Thus, this study provides the evidence that the taxable income can be used as another measurement to indicate the earnings quality and firm's performance even after the adoption of FRSs.
format	Thesis
qualification_level	Master's degree
author	Hossen, Rashinah
author_facet	Hossen, Rashinah
author_sort	Hossen, Rashinah
title	Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen
title_short	Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen
title_full	Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen
title_fullStr	Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen
title_full_unstemmed	Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen
title_sort	book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (frss) / rashinah hossen
granting_institution	Universiti Teknologi MARA, Sabah
granting_department	Faculty of Accountancy
publishDate	2011
url	https://ir.uitm.edu.my/id/eprint/82937/1/82937.pdf
_version_	1783736360326135808

Book-tax difference and value relevance of taxable income after the adoption of financial reporting standards (FRSs) / Rashinah Hossen

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