| Abstract [eng] |
It is very important to the managers and mostly accountants of the firms, because such a work is under their responsibility, rightly and with less as possible time expenditure, to evaluate and compute company‘s taxable profit and also profit tax of the taxing period. In different sources of literature we can find comprehensive analysis of profit tax calculation from the view of financial accounting or taxing accounting , but one system for a profit tax calculation, covering both types of accounting, hasn‘t been presented. The aim of this work is to suggest and prove an accounting model of company‘s profit tax after the analysis of regulation of Lithuanian profit tax accounting and 24 BAS „Profit tax“. Along with the aim, the work itself deals with these tasks: discussing the conception of profit tax; exploring the factors of profit tax accounting following the Profit tax law of the Republic of Lithuania and 24 BAS „Profit tax“; summarizing the factors correlations and differences; suggesting an accounting model of company‘s profit tax; proving an application of the model, using particular company data. Analyzing the profit tax, payable of Lithuanian companies a generalization and comparative analysis of different sources of literature, law acts and other information were used. Coming through the aim of the work a creation of a model was used. Case analysis was used for presenting an application of the model. An accounting model of company‘s profit tax was created, presenting the relevance of taxing and financial accountings. The model involves the main elements of both accountings also permits better to realize the relation of financial income and cost with the elements of taxing accounting – taxable and nontaxable income, allowable, restrictive and no allowable deductions. With reference to the data of JSC “Adatėlė“, the connections, set in the theoretical accounting model of company‘s profit tax, were proved practically and also application and utility of the model were presented by computing profit tax of JSC “Adatėlė”. It was suggested to add new additional sub accounts to account plan and to make particular profit tax declaration for special companies. The paper consists of 62 pages (without lists of literature, pictures and tables, abbreviations and additions). There are 5 tables and 20 pictures in it. |
