Practitioners' perceptions of the importance of specific corporate tax knowledge of new hires working in tax

التفاصيل البيبلوغرافية
العنوان: Practitioners' perceptions of the importance of specific corporate tax knowledge of new hires working in tax
المؤلفون: David P. Donnelly, Richard L. Ott
المصدر: Journal of Accounting Education. 17:35-50
بيانات النشر: Elsevier BV, 1999.
سنة النشر: 1999
مصطلحات موضوعية: Double taxation, Earnings, business.industry, Corporate governance, ComputingMilieux_LEGALASPECTSOFCOMPUTING, Accounting, Tax reform, International taxation, Education, Tax credit, Corporate group, Economics, business, Corporate tax
الوصف: This study reports accounting practitioners' perceptions of the importance of new hires having certain tax knowledge normally addressed and developed in a corporate tax class. Variables related to the administration of a tax course are also examined. The results suggest that topics dealing with Subchapter S Corporations, determination of the corporate tax liability, and definition of the corporation are perceived as most important and should be covered in depth. Collapsible corporations and preferred stock bailouts are considered the least important topics. The survey results also are analyzed by firm size (large, medium, and small). Respondents from small firms place more importance on the accumulated earnings tax than the respondents from large firms. Respondents from large firms place more importance on reorganizations than respondents from medium or small firms. When asked about corporate tax course administration, respondents recommend the use of the Internal Revenue Code (IRC) and Regulations as a supplement to a standard textbook. They think it is important for any new hire to have at least one corporate tax course and be familiar with corporate tax forms. The only disagreement among the respondents from the different size firms is related to the number of courses students should complete. The respondents from the large firms indicate one course in corporate tax is not sufficient while the respondents from the medium and small firms indicate it is. The study also compares practitioners' recommendations concerning the amount of coverage for various corporate tax topics with the coverage of the topics in two corporate tax textbooks. These results have implications for accounting academicians who teach corporate tax. The results are useful in determining course coverage and in identifying topics that need additional attention as well as areas that need to be deemphasized or eliminated. The results also provide insight into the corporate tax course administration.
تدمد: 0748-5751
DOI: 10.1016/s0748-5751(99)00005-6
URL الوصول: https://explore.openaire.eu/search/publication?articleId=doi_________::c27a7412f46c029608405f5cede22f43
https://doi.org/10.1016/s0748-5751(99)00005-6
Rights: CLOSED
رقم الانضمام: edsair.doi...........c27a7412f46c029608405f5cede22f43
قاعدة البيانات: OpenAIRE
الوصف
تدمد:07485751
DOI:10.1016/s0748-5751(99)00005-6