중소기업 여부가 회계이익과 과세소득의 차이에 미치는 영향

This study analyzed the quality of accounting information by measuring the difference between book income and taxable income in order to present empirical evidence on the financial authorities’ concern about the transparency of accounting for SMEs with recent interest. The difference between accounting profits and taxable income is not the difference in the simple reporting purpose but the intentional intervention of the manager, which leads to the increase of the earnings management and the increase of the information asymmetry. Therefore, this study examines whether there is a relationship between firm size and BTD which is a proxy of information quality. As a result, the difference between accounting profit and taxable income is larger in SMEs than in large corporations. It can be concluded that the information usefulness of difference between accounting profits and taxable income is larger in SMEs and that the quality of accounting information is lower than that of large corporations. This relationship has been changed in the case of external auditing when the auditing corporation is a large audit corporation, thus confirming the importance of external audit. The results of this study suggest that the use of the differences between book income and taxable income may be useful for SMEs in the measurement of earnings management that have been mainly used in accounting studies in the past. And the need to take a closer look at the policy on taxation and the need for decision making considering the difference between accounting profit and taxable income for SMEs are required.