The relationship between financial and tax accounting in Albania

Ilda Duhanxhiu () and Valbona Kapllani ()
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Ilda Duhanxhiu: Department of Accounting, Faculty of Economics, University of Tirana, Albania
Valbona Kapllani: Department of Accounting, Faculty of Economics, University of Tirana, Albania

Romanian Economic Journal, 2012, vol. 15, issue 43, 45-60

Abstract: Typically ‘income tax’ laws rely on financial accounting data to determine the taxable income of a business entity, although financial and tax accounting have different goals and requirements. The purpose of this paper is to explore the relationship between financial and tax accounting rules in Albania. The study employs a mixed methodology, comprising a review of the legislation, institutional framework and context, and semi-structured interviews with accountants, academics and institutional players. By reviewing the development of this relationship during the past 20 years, we aim to identify and explain the major divergences at present between two sets of rules.

Keywords: accounting regulations; IFRSs; taxable income; developing countries (search for similar items in EconPapers)
JEL-codes: M41 M48 (search for similar items in EconPapers)
Date: 2012
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rej:journl:v:15:y:2012:i:43:p:45-60

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