The relevance of the accounting profession on tax evasion.

in DClub3 years ago

At present, the accounting area has increased its importance in the economy of the countries; because it offers useful economic information for any user, that is why, accounting can be considered a means that allows measuring and reporting economic events, of any activity that performs and involves money. Likewise, the information it generates is mostly of a financial, administrative, cost and tax nature.

The latter is one of the branches of accounting that consists of analyzing and recording all operations (taxable events) carried out by companies in the accounting books, as well as information related to taxes, which individuals and legal entities are obliged to pay by means of a declaration established in the tax regulations established by law.

In this sense, in all countries citizens are obliged to contribute to the State through the payment of taxes, and from this it is originated that the pertinent governmental entities pay due attention in the collection of taxes. In such a way that these variants have a direct effect on all commercial sectors of any country, and even more so on accounting, since it is the basis for tax assessment..

Consequently, the commitment demanded by the activity of the professional of the social sciences, is given precisely by the demands, challenges and challenges presented by the legal framework in which the development of their own performance is located, constituting one of the aspects of greater responsibility that is linked to the personality of these professionals.

In turn, those accounting professionals who form alliances with taxpayers in tax evasion will have very serious consequences and in the most extreme case will be disqualified from continuing to practice the profession.

In other words, the Public Accountant is responsible for ensuring that everything concerning the financial and tax activity within the company is complied with in accordance with the rules and laws governing the tax field.