Author Description

Accounting Background -- The Purpose Of Financial Accounting And The Concept Of Prudence -- The Distinction Between Income, Revenue And Gains -- Revenue Recognition -- Expense Recognition -- Advances And Deposits -- Accounting Background: Summary And Comments -- Tax Values -- General Tax Values -- The Time Value Of Money Theory -- Tax Values Relevant To The Question Of Timing: Summary And Comments -- Between Gaap And Fiscal Accounting -- The Dualistic Doctrine And The Singular Doctrine -- The Reporting Methods -- Between Gaap And Fiscal Accounting: Uk Tax Law -- Between Gaap And Fiscal Accounting: Us Tax Law -- Between Gaap And Fiscal Accounting: Israeli Tax Law -- Between Gaap And Fiscal Accounting: Summary And Comments -- Timing Of Recognition Of Income From Deposits -- The Loan Approach And The Income Approach -- Timing Of Recognition Of Deposits As Income: Uk Tax Law -- Timing Of Recognition Of Deposits As Income: Us Tax Law. Timing Of Recognition Of Deposits As Income: Israeli Tax Law -- Timing Of Recognition Of Income From Deposits: Summary And Comments -- Timing Of Recognition Of Income From Advances -- The Deferral Approach And The Advance Approach -- Timing Of Recognition Of Income From Advances: Uk Tax Law -- Timing Of Recognition Of Income From Advances: Us Tax Law -- Timing Of Recognition Of Income From Advances: Israeli Tax Law -- Timing Of Recognition Of Income From Advances: Summary And Comments -- Timing Of The Deduction Of Future Expenses -- The Certainty Level Question And The Time Gap Question -- Timing Of Deduction Of Future Expenses: Uk Tax Law -- Timing Of Deduction Of Future Expenses: Us Tax Law -- Timing Of Deduction Of Future Expenses: Israeli Tax Law -- Timing Of Deduction Of Future Expenses: Summary And Comments -- Alternative Models -- The Comparative Value Taxation Model (the Cvt Model) -- The Saving Of Financing Costs Taxation Model (the Sfc Model) Selecting One Of The Two Models -- Impact On Tax Revenues. Moshe Shekel. Includes Bibliog