67713 - Taxation in Financial Statements

Academic Year 2022/2023

Learning outcomes

The student gains the tools to understand the role and the effects of taxation on Financial statements.

Course contents

The program provides the analysis of the impact of taxation on financial statements values and, in particular, of the methods of accounting recognition and representation in the financial statements of tax charges and tax assets and liabilities.

The following topics will be covered during the lessons:

- the economic nature of corporate tax charges;

- the relationship between economic result and taxable income;

- the phenomenon of fiscal pollution of the financial statements;

- current and deferred income taxes;

- the calculation and conditions for recording deferred taxation;

- taxation in the balance sheet and income statement structures;

- the evaluation of tax credits and debts;

- taxes for previous years;

- the estimate of potential tax liabilities;

- taxation in national and international accounting standards: OIC 25 and IAS 12;

- taxation and equity;

- the recognition of income taxes in the tax consolidation and transparency.

Some exercises will be carried out on the calculation of current, prepaid and deferred taxes and on the consequent accounting records

Readings/Bibliography

Principi contabili e di bilancio (a cura di G. Capodaglio), RIREA 2011 - Cap. VIII

Bilancio d'esercizio e imposizione tributaria. Le regole per le società di capitali (a cura di Renato Camodeca), CEDAM; 2014.

OIC 25

IAS 12

Teaching methods

Lectures, exercises, tutorials, questions with classroom discussion and business case studies. All the material used during the lessons (slides, exercises, solutions, etc.) will be available to students on the UNIBO VIRTUALE platform.

Assessment methods

Written exam divided into three theoretical questions and an exercise on the calculation of current and deferred taxation. The procedures for carrying out the test will be the same both in the case of face-to-face examination and in the event of remote examination. There is no supplementary oral exam. A test model will be available on the Unibo VIRTUALE platform. The graduation of the results is as follows: - insufficient <18 - sufficient 18-23 - good 24-27 - excellent 28-30 - excellent 30 cum laude.

Teaching tools

Teacher's material available on Unibo VIRTUALE platform.

Office hours

See the website of Alessandro Ricci