Abstract:

Known as a debatable matter, the accounting – taxation relationship is still a land of convergences and divergences, of tolerance and intolerance, which makes the Romanian accounting practitioner to be in a constant state of study generated by the accounting information quality, attached to the study of taxation impact on business performance. The analysis of the accounting - taxation relationship, in determining the outcome of the exercise, requires the evidence of taxation distortions on the accounting result registered by the company. In addition to the shared principles of accounting and tax rules you also have numerous contradictions between them. The most specific manifestation of it arises on the accounting result and on the tax income that year. Our approach aims are bringing into question the accounting - taxation relationship, and especially its influence on the economic performance recorded by the company. The research took into account the identification of the optimal relationship and the reconciliation between accounting and taxation, so that both companies and the state exist and thrive. We reach the conclusion that the deferred tax is a possibility of convergence between accounting and taxation, this being found in the temporary differences between accounting and tax rules, which have only a temporary influence on the company’s outcome.