Document Type : Original Research
Author
Visiting Professor at the University of Tehran and financial, economic and investment strategies consultant
Abstract
In the complex environment of modern business, financial accounting and tax accounting are recognized as the two primary pillars of organizational information systems. Despite their fundamental commonalities in recording transactions, they possess distinct objectives, target audiences, and legal foundations. This research aims to analyze the substantive distinctions between these two fields and examine the practical implications of this divergence for strategic decision-making, liquidity management, and legal compliance of economic entities. Utilizing a descriptive-analytical approach and relying on theoretical foundations of accounting and international frameworks, the present study investigates the gap between accounting profit and taxable income. The findings indicate that ignoring these differences not only increases an organization’s tax and legal risks but can also lead to misleading managerial decisions and liquidity crises. The results suggest that an intelligent convergence between tax legal requirements and financial reporting standards is not merely a choice, but a strategic necessity for the sustainability and optimization of an organization’s financial performance. Finally, this article proposes strategies for integrating information from these two fields to enhance the quality of managerial decision-making.
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