实战训练营 企业会计准则与税法差异分析及纳税调整

实战训练营

企业会计准则与税法差异分析及纳税调整

Training benefits:
Since the beginning of 2014,The Ministry of Finance have released a series of policies to revise seven accounting standards and add one interpretation，which is the another big broader revision for CAS after 2012. The permanently and temporarily gaps, caused by the different objective, the accounting prerequisite and the legal principle of CAS and China tax law, make a lot of trouble for accounting and tax return.
Before the fiscal year-end closing, F-council invites experts to make a comprehensive difference analysis of the gap between the CAS and tax laws and how to adjustment tax.
Latest comparison table of the gap between CAS and Tax -- fully control permanently or temporarily gaps, and thoroughly understand the core differences between the CAS and Tax.
Collection of practical cases -- detail the method to dealing with the gap between CAS and Tax and specific projects.
Pre-check for fiscal year-end closing -- comb 2014 tax laws systematically and resolve difficulties in advance

Agenda
Introduction of the difference between new Enterprise Income Tax and CAS
1)Why the differences exist between the new EIT and CAS
2)Discrimination and analysis the difference nature
3)Methods for differences adjustment
4)Principle for differences coordination
5)Methods and tools for the latest taxation policies search

Differences analysis based on the final settlement
A,Revenue recognition
1)Equivalent sales revenue
2)Income from donations
3)Sales discounts and concession which are not comply with the tax laws
4)Revenues which are not confirm to the accrual-basis accounting
5)Profit validation of initial investment cast for long-term stock investment under the equity method
6)Investment profit from holding period of long-term equity investment under the equity method
7)General Taxation Treatment for Enterprises’ Restructuring
8)Special Taxation Treatment for Enterprises’ Restructuring
9)Net change profit of fair value
10)Government grants which have been confirmed as deferred income
11)Taxable income from foreign country
12)Foreign investment losses which has not permitted to deduct
13)Tax-free incomes
14)Tax-exempt income
15)Deducted income
16)Exemption or reduction income
17)Deducted taxable Income
B,Deduction recognition
1)Equivalent sales cost
2)Expenses of staff salary
3)Employee welfare
4)Expenses of staff education
5)Labor union expenditure
6)Entertainment expenses
7)Advertising charges
8)Donation expenses
9)Interest charges
10) Public housing funding
11) Penalty, fines and losses of confiscated properties
12) Tax overdue payment
13) Sponsorship expenditures
14) Social security fund
15) Supplements endowment insurance and supplements medical insurance
16) The current recognition of financial cost relation to the unrealized financing profits
17) Other expenditures in no relation to the obtainment of revenues
18) Tax-free income of the expense cost
19) Income which can apply for reduction of EIT
20) Various reserves
C,  Assets
1) Asset losses
2) Depreciation of fixed assets
3) Depreciation of biological asset
4) Amortization of long-term prepaid expenses
5) Amortization, impairment or loss of intangible assets
6) Transformation of investment, disposal income

Method to deal with the difference between the new issued of 2014 CAS and the tax revenue
A, Accounting Standard for Business Enterprises No. 2--- Long-term equity investment (Amendment)
1)Deal with the difference between initial measurement and tax
2)Deal with the difference between subsequent measurement and tax
B, Accounting Standard for Business Enterprises No. 9------ Employee compensation (Amendment)
1)Classification of Employee compensation
2)Short-term remuneration
3)Post-employment benefit
4)Resign benefit
5)Other benefit for permanent staff
6)Remuneration and benefit above which involve personal income taxes
7)Impact from the remuneration and benefit above on remit corporate income tax
C, Accounting Standard for Business Enterprises No. 30------ Presentation of financial reporting (Amendment)
1)Latest compile requirements of balance sheet
2)Latest compile requirements of income statement
3)Latest compile requirements of the statement of changes in the owner's equities
4)Notes of disclosure requirements
5)Impacts form the disclosure requirements above on tax evaluation and the methods of taxation check
D， Accounting Standard for Business Enterprises No. 33------ Consolidated financial statements (Amendment)
1)Emphasize consolidated range based on ‘controlling’ and recognize tax related transactions
2)Impact from special deals (new) on taxes
E，Accounting Standard for Business Enterprises No. 39------ Fair value measurement
1)Latest definition of fair value and the difference from the concept of tax law fair value
2)Deal with the difference between the initial measurement of fair value and the method of tax revenue
3)Options of income method, cost method and market method and the different method of tax
4)Application of fair value in taxes
F, Accounting Standard for Business Enterprises No. 40------Joint ventures arrangements
1)Recognition and classification of joint ventures arrangement
2)Accounting and tax treatment about the participants who have not the right of joint control but with a big impact
3)Accounting and tax treatment about the participants who have not the joint control and without big impact
G, Accounting Standard for Business Enterprises No. 41----- Disclosure of Interests in Other Entities
1)Disclosure of major judgments and hypothesis
2)Disclosure of interests in the subsidiaries
3)Disclosure of rights and interests of joint ventures arrangements
4)Disclosure of interests of unconsolidated structuring entities which are not admitted to the recognition of consolidated financial statement
5)Impact from the above disclosure requirements on tax evaluation and the methods of taxation inspection