Including one-off property and tax accounting losses, it fell £352 million into the red.

Gaps between statutory and tax accounting persisted, precluding complete harmonization.

The company stated that it had insufficient resources to identify and report complex transactions in its corporate tax accounting.

Interfacing the new currency with a nation's tax accounting can pose problems possibly resulting in accounting issues.

Accounting can be divided into several fields including financial accounting, management accounting, auditing, and tax accounting.