Analysis of the Difference in Cost Classification Between Accounting and Taxation in Industrial Companies in Mozambique; The Case of Sociedade de Águas Alfa, Lda (2022-2023)
Keywords:
Classification; Costs; Production; Accounting; Taxation.Abstract
This article analyzes the differences in cost classification between accounting and taxation in Mozambican industrial companies, focusing on Sociedade de Águas Alfa during the period of 2022 to 2023. The company was chosen for this case study due to the significant increase in production costs during these years. The introduction of the Plastic Production and Consumption Tax, regulated by Law No. 28/2014 of September 23, under the Specific Consumption Tax Code (ICE), has caused an increase in the costs for companies. The code includes a list of products subject to specific taxes, such as alcoholic beverages, tobacco, and plastic products. There are divergences between accounting based on the International Financial Reporting Standards (IFRS) and Mozambican tax law regarding cost classification, particularly in the calculation of taxable income. For this reason, it became necessary to investigate these differences to prevent future issues that could lead to company insolvency. The research is applied in nature and exploratory, using a mixed-methods approach, combining both qualitative and quantitative methodologies. Bibliographic research was conducted through books, scientific articles, and other sources to form the theoretical basis.
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References
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