This paper comprehensively reviews Accounting for Income Taxes (AFIT). The first half provides background and a primer …

difference between accounting earnings and cash flow) are reliably, negatively associated with future stock returns. Earnings … performance, the behavior of individual accrual items, and discretionary versus nondiscretionary components of accruals …

compensation that allow corporate insiders to profit extravagantly from temporary boosts in a firm's accounting condition or … value' by issuing deceptive accounting reports. Incentive support for disinformational activity comes through forms of … for hiding adverse information. It is ironic that what are called accounting ethics' fail to embrace the profession …

We hypothesize that, in their annual accounting reports, insurers allocate premiums and losses from multistate policies … multistate insurers managing their annual accounting reports to shift premiums (losses) to more (less) favorably taxed states …

episodes are largely proactive, with debt repayment and earnings retention accounting for 93.7% of the peak-to-trough decline …

Life insurers use accounting and actuarial techniques to smooth reporting of firm assets and liabilities, seeking to …-guaranteed surplus. Our goal is to illustrate how accounting and actuarial techniques for this type of financial contract shape …