BIM31000 - Tax and accountancy: contents

This chapter deals with the meaning of ‘generally accepted accounting practice’ (GAAP) and how it interacts with the computation of the profits of a trade for tax purposes.

A full list of the contents of the guidance is shown below. The guidance is subdivided into sections, the opening paragraph of each section being highlighted in the title below. Please click on the number alongside to go direct to each section.

1. BIM31005

   Tax and accountancy: introduction
2. BIM31010

   Tax and accountancy: need to conform to tax law
3. BIM31015

   Tax and accountancy: meaning of ‘generally accepted accountancy practice’
4. BIM31020

   Tax and accountancy: meaning of ‘UK generally accepted accountancy practice’
5. BIM31025

   Tax and accountancy: meaning of ‘international accounting standards’
6. BIM31027

   Tax and accountancy: interaction of UK GAAP and IAS
7. BIM31029

   Tax and accountancy: GAAP
8. BIM31030

   Tax and accountancy: concepts and pervasive principles
9. BIM31035

   Tax and accountancy: relevance of audit
10. BIM31040

    Tax and accountancy: events after the end of the reporting period
11. BIM31045

    Tax and accountancy: materiality: an accountancy concept
12. BIM31047

    Tax and accountancy: materiality: relevance for tax
13. BIM31050

    Tax and accountancy: Substance over form
14. BIM31055

    Tax and accountancy: Substance over form: taxation implications
15. BIM31060

    Tax and accountancy: Property, plant and equipment
16. BIM31065

    Tax and accountancy: FRS15: renewals accounting
17. BIM31080

    Tax and accountancy: timing of income and expenditure
18. BIM31090

    Tax and accountancy: timing of receipts and expenditure: general principles derived from case law
19. BIM31095

    Tax and accountancy: timing of receipts and expenditure: accountancy practice and case law developments
20. BIM31100

    Tax and accountancy: timing of receipts and expenditure: anticipation of loss
21. BIM31105

    Tax and accountancy: when to recognise profits: source is important
22. BIM31110

    Tax and accountancy: recognition of deposits and compensation
23. BIM31115

    Tax and accountancy: timing of income and expenditure: GAAP