본 연구의 목적은 이연법인세회계 도입 전․후의 실재 기업의 재무제표 자료와 주가정보를 근거로 정보의 수요측면을 고려한 직접분석방법과, 생산측면을 고려한 간접분석방법을 동시에 이용하여 법인세기간배분회계의 정보유용성을 검정하고자 하였다. 따라서 기존의 이론적인 체계 하에서의 법인세기간배분회계의 도입 필요성을 논하였던 기존연구와, 법인세기간배분회계 도입이전의 재무제표를 추정하거나, 도입후의 단기간의 자료를 이용하여 간접분석방법을 했던 선행연구들과는 달리 법인세기간배분회계의 도입 전․후의 실재 6개년간의 포괄적인 자료를 이용하여 법인세기간배분회계 도입으로 인한 정보유용성을 폭넓게 분석하고자 하는데 그 의미가 있다. 이러한 연구의 목적을 위하여 본 논문에서는 2001년도 12월 31일을 기준으로 한국증권거래소에 상장된 기업 중 1999년 - 2001년 3개년에 걸쳐 이연법인세차가 공통으로 계상된 기업 135개와, 이연법인세대가 공통으로 계상된 기업 115개를 표본기업으로 선정하여 이들 기업의 이연법인세 도입 전․후의 6개년간의 실재 재무제표와 주가자료를 기초로 연구를 진행하였다. 분석결과 기존 연구에서 제기하였던 법인세기간배분회계의 필요성만큼 실질적으로 법인세기간배분회계의 도입으로 인한 재무구조의 확연한 개선이나 주가에 미치는 영향이 현저하게 나타나는 것은 아니었지만, 기업회계상 손익인식기준과 세무회계상 과세소득 산정기준의 차이 등으로 인하여 발생하는 법인세비용과 법인세부담액의 차이를 반영함으로써 당기순이익, 자산 및 부채를 적정하게 표시하고자 하는 법인세기간배분회계의 목적에 부합하는 결과가 도출되어졌다.

The purpose of this study is to examine the information usefulness of Inter-period Tax allocation by using the direct research method(consider of information demands) and the indirect research method(consider of information products), and raw data of this research was based on real financial statements data and stock price information in before/after Inter-period Tax allocation introduction. Prior researches on Inter-period tax allocation had mainly discussed the introduction of Inter-period tax allocation under the theoretical structure. The other studies had used the method that deduced the financial statements of the before Inter-period tax allocation introduction and used the short-term period financial data. So the meaning of this study is to examine the information usefulness of Inter-period tax allocation by using of real financial data during the 6 years(before/after Inter-period tax allocation introduction). To achieve the purpose of this research, this study selected the financial data and stock price of 135 companies closing accounts in December and published deferred tax debits and 115 companies published the deferred tax credits in 1999 to 2001, and selected the same data under the fiscal year of 1996 to 1998 in before Inter-period tax allocation. As a results of this study, the notable improvement of financial structure and the effects on stock price which were discussed in prior studies, were not observed. But the proper results that coincide with the purpose of Inter-period tax allocation were obtained.

The purpose of this study is to examine the information usefulness of Inter-period Tax allocation by using the direct research method(consider of information demands) and the indirect research method(consider of information products), and raw data of this research was based on real financial statements data and stock price information in before/after Inter-period Tax allocation introduction. Prior researches on Inter-period tax allocation had mainly discussed the introduction of Inter-period tax allocation under the theoretical structure. The other studies had used the method that deduced the financial statements of the before Inter-period tax allocation introduction and used the short-term period financial data. So the meaning of this study is to examine the information usefulness of Inter-period tax allocation by using of real financial data during the 6 years(before/after Inter-period tax allocation introduction). To achieve the purpose of this research, this study selected the financial data and stock price of 135 companies closing accounts in December and published deferred tax debits and 115 companies published the deferred tax credits in 1999 to 2001, and selected the same data under the fiscal year of 1996 to 1998 in before Inter-period tax allocation. As a results of this study, the notable improvement of financial structure and the effects on stock price which were discussed in prior studies, were not observed. But the proper results that coincide with the purpose of Inter-period tax allocation were obtained.

Inter-period tax allocation, Deferred tax, Financial statements data, Stock price information