The Challenge Of Reconciling Accounting And Tax Treatment Of Profits Taxes In Algeria With The Requirements Of International Accounting Standard No. 12 (A Field Study Of Accounting Department Employees At The Cement Industry Company In Setif SCAEK And Som
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Abstract
This study aims to identify the key requirements for aligning the accounting and tax treatment of profit taxes in Algeria with the International Accounting Standard IAS 12. The study is divided into two sections: a theoretical section that explains the mechanism of accounting and tax treatment of profit taxes in Algeria and outlines what IAS 12 stipulates in this regard; and an applied section consisting of personal interviews with employees of the accounting and management department of the cement industry in Sétif, as well as several interviews with specialists from outside the institution (accountants, auditors, accounting professors). The study reached several conclusions, the most important of which is that it is essential for Algerian legislators to mandate institutions to apply deferred tax as stipulated by IAS 12 to achieve this alignment. Additionally, there is a need to establish tax incentives to encourage Algerian institutions to comply with its implementation.
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