Date of Award


Document Type


Degree Name

Master of Science in Accountancy


Accounting and Finance

First Advisor

Vaziri, Mo

Second Advisor

Liu, Xiang

Third Advisor

Sarwar, Ghulam


This study empirically examines how the adoption of new accounting standards impacts book-tax differences (BTDs) and analyzes the role of changes in accounting rules as an important function of the book-tax income gap. The primary objective of this study is to present preliminary evidence on how the adoption of the International Financial Reporting Standards (IFRS) impacts the book-tax income gap in the case of the public firms in the Netherlands, a country with low book tax alignment. This objective is accomplished through empirical investigation of data on book-tax differences (BTDS) from a sample of Dutch firms listed in the Eupnext Amsterdam using 2004 IFRS and Dutch GAAP figures. Data are derived electronically from Compustat Global database and hand collected from annual reports available in individual company's websites.