The difference between financial accounting and tax accounting
The new company bookkeeping tax common problems?
2021年11月18日
The difference between financial accounting and tax accounting
The six advantages of bookkeeping, part-time accounting can not be compared
2021年11月18日
The difference between financial accounting and tax accounting

The difference between financial accounting and tax accounting

1. Definition of financial accounting

Financial accounting is a branch of enterprise accounting, belong to the accounting discipline, through to the enterprise financial accounting has been completed the capital movement and production and operation of a comprehensive, professional, and financial accounting and supervision system, for the enterprise stakeholders and relevant government departments to provide real and effective enterprise’s financial condition, earnings, cash flow and other aspects of the economic information, These accounting information can help enterprises to make decisions and formulate business plans, improve the economic benefits of enterprises, and then promote the sustainable and healthy development of socialist market economy. Financial accounting takes generally accepted accounting principles as the standard, accounting reports as the core, and conducts data processing and information processing through the traditional accounting mode. The accounting information, financial statements and financial reports reflected by financial accounting are intuitive data of economic profits and losses of enterprises. When enterprises make major business decisions, And relevant government departments will rely on these financial accounting information to manage the legitimate operation of enterprises. Therefore, financial accounting can help enterprises to operate legally, improve the transparency of enterprise operation, financial accounting can effectively regulate enterprise production and operation behavior, but also facilitate the company to assess the performance of the responsibilities and obligations of the management and employees of the enterprise.

2. Definition of tax accounting

Both tax accounting and financial accounting are based on money as the main unit of measurement, and tax accounting is as the constraint conditions of accounting work of the tax law is in all follow the requirement of the tax law under the premise of the tax work of enterprise accounting process, and it also can carry on the effective supervision and control to the enterprise taxpayers, prompting a tax in our country to the benign development. Our country tax accounting object is mainly aimed at the development of the enterprise, in our country’s enterprises, especially large and medium-sized enterprises, to control the enterprise operating costs, reduce the tax burden, tax cheats often exist, during this period you will need to tax accounting through the tax accounting “fair tax”, this kind of behavior needs the law to be controlled strictly and constraints. The work content of tax accounting is not only limited to tax accounting, tax budget, tax declaration and tax payment are the work content of tax accounting.

Tax is an important guarantee for the national economy and the people’s livelihood. In terms of tax burden, citizens or enterprises need to pay tax in a legal, fair and voluntary manner. As tax accountants, they should abide by their own professional ethics. Is our country modernization economy and modernization enterprise system establishment important safeguard.