期刊名称：Journal of the Australasian Tax Teachers Association
印刷版ISSN：1832-911X
电子版ISSN：1832-911X
出版年度：2005
卷号：1
期号：2
出版社：Australasian Tax Teachers Association
摘要：The valuation of stock-in-trade stock might not, in itself, appear to be a very important question. However, the valuation method chosen could have a significant impact on both the profit and loss and thus the tax payable as well as the balance sheet of the enterprise.1This paper considers in detail the court decisions dealing with the valuation of stock-in-trade for income tax purposes and then analyses these decisions in the context of contemporary accounting practices of the time and poses the question: have these decisions all gone the accountants' way
