Deferred Taxes and Bond Ratings: A Canadian Case
检验加拿大现行所得税会计准则对债券评级决策是否有用，发现该准则提供的额外信息并未显著改善评级预测。
This paper explores the usefulness of the current Canadian Institute of Chartered Accountants standard on accounting for income taxes in bond rating decisions by credit analysts. Bond rating prediction models using accounting variables generated with alternate treatment of income taxes, have been developed. The analysis indicates that additional information presented by the above standard has not contributed significantly to the bond raters' decision making process.