Published on 01 Jul 05
by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
During the past decade calls to converge the measurement of companies’ taxable income and accounting profit have occurred. Issuing Australian accounting standards equivalent to international financial reporting standards alters the existing taxable income and accounting profit connect. To investigate this issue we compare the corporate taxation and accounting treatment of share-based payments granted by companies to employees under an employee option plan. In doing so, the paper highlights the complexities, definitional and valuation divergences in Australia’s taxation and financial accounting systems in relation to employee option grants.
Keryn is an Associate Professor in the Department of Accounting and Finance,
Current at 5 April 2005 Current at 14 December 2005
Dean is a Lecturer in the Department of Accounting and Finance, Monash University.
Current at 1 September 2013 Current at 27 February 2014
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