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Mills Caterer & Hotelkeeper. (2003). Vol. 192 Issue 4294, p.88. Reed business Information UK, Ltd. A division of Reed Elsevier, Inc. Caterer & Hotelkeeper (2004). Vol. 193 Issue 4322, p10-10, 1/8p. Reed Business Information UK, Ltd., a division of Reed Elsevier, Inc. Gale, Derek(2006). Hotels Magazine June 2006. “HITEC 2000: Spotlight On The Guestroom Of The Future.” www.hotelsmag.com Guestroom 2010. Hospitality Financial and Technology Professionals. 2006 Minneapolis, MN. Hotel Business (2005). HITEC Coverage. July 21-August 6, 2005. HotelBusiness (2006). “Hotel Valley Ho Unergoes A Technology Makeover.” March 21-April 6, 2006. www.hotelbusiness.com HotelBusiness (2007). “Technology Challenges.” www.hotelsbusiness.com. H&MM (2005). “Guestroom Connectivity” July 18, 2005. HotelMotel.com Kirby, Adam (2007). Hotels Magazine.June 2007. “Making a Connection.” www.hotelsmag.com Main, Hilary (1995). International Journal of Contemporary Hospitality Management. Vol. 7 No. 6, pp. 30-32. MCB University Press Limited, 0959-6119. Marsan, Joan (2000). Hotels. February 2000. www.hotelsmag.com Scoviak, Mary (2007). Hotels, January 2007. wwwhotelsmag.com Siegel, Richard (1995).Hotel & Motel Management. Vol. 210 Issue 11, p.20, 2p. Questex Media Group. ASBBS E-Journal, Volume 4, No.1, 2008 160
AN HISTORICAL PERSPECTIVE OF ACCOUNTING FOR INCOME TAXES FROM 1920 THROUGH 1984 Myers, Joan K. Le Moyne College myersjk@lemoyne.edu Collins, Mary K. Le Moyne College collinsm@lemoyne.edu ABSTRACT In this paper, the literature is reviewed to chronicle the development of accounting for income taxes from 1920 through 1984. The reporting of income taxes has been a controversial topic since the advent of taxation. This paper follows the evolution of reporting from the early taxation years through APB 11 and the post-APB 11 environment. Specifically, opinions from both theoreticians and practitioners are cited as the standards are developed. INTRODUCTION The purpose of this paper is to chronicle the regulatory and standard setting environm ent that influenced accounting for income taxes fro m 1920 through 198 4. A historical review of the literature encompassed not only regulatory and promulgated standards regarding accounting for income taxes, but also the oretical articl es and the articles by pra ctitioners. Political pressures voiced by the practitioner co mmunity that im pacted the standard setting environm ent are highlighted. THE EARLY YEARS (1920 – 1967) How should income taxes be reported? That question is almost as old as the first laws instituting a Federal Income Tax. Ini tially, income taxes were regarded as a distribution of profits. Special Bulletin No. 1, January 1920, of the American Inst itute of Acco untants stated, “It is apparently the theory of the governm ent that it is t aking part of the profits, t hat it is asking the taxpa yer to share his profits with the governm ent. These taxes, therefore, are not ordinary expenses, such as would be deducted as a matter of course determ ining t he prof its in which the manager of the company would share,” ( Winborne and Kleespie, 1966). In 1936, the American Institu te of Accountants, in its publication, “Examination of F inancial Statements,” then perm itted income taxes to be shown as “other charges.” In that same year, the American Ac counting Association (AAA) cla ssified inco me t axes as an operating e xpense. The AAA subsequently changed thi s perspective in 1941, statin g that tax was not in the nature of an operating expense and should be shown on the income statement only in the amount currently payable. ASBBS E-Journal, Volume 4, No.1, 2008 161
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THE SUPREME COURT GRANTS CERTIORARI
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Deductibility of investment fees…
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Mellon Bank, N.A. v. United States,
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Browning VirtualOfficeInternational
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Dhareshwar and Bacon poor earnings
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Dhareshwar and Bacon shows the exis
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Fekula and Hornyak of qualit y rese
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Fekula and Hornyak VA Commonwealth
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Grady, Maniam and Leavell economic
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Mining for Knowledge..Higher Ed sho
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Mining for Knowledge..Higher Ed hea
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Mining for Knowledge..Higher Ed Ano
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Mining for Knowledge..Higher Ed Sol
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King and Case Brigadier General or
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King and Case APPENDIX - REPORT 1 A
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Kinsler and Bacon The purpose of th
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Kinsler and Bacon AA Alcoa July 12,
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Kinsler and Bacon Marks, Kenneth R.
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Koyame-Marsh with Angola and Congo
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Page 151 and 152: ABSTRACT Major trends in hotel gues
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Innovative HRM where open communica
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Zomorrodian, A (1999) “Learning O
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