Teaching case: To be a goods and services tax-registered business or not – Decision making using analytics

•This teaching case allows students to do both predictive and prescriptive analytics.•The analytics helps the business decide whether to voluntarily register for GST with the tax authority.•This teaching case may be used in other countries which adopt a voluntary GST registration regime.•This teachi...

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Veröffentlicht in:Journal of accounting education 2024-06, Vol.67, p.1-7, Article 100899
Hauptverfasser: Koh, Wei Chern, Yee, Tommy C.T., Yeow, Adrian Y.K.
Format: Artikel
Sprache:eng
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Zusammenfassung:•This teaching case allows students to do both predictive and prescriptive analytics.•The analytics helps the business decide whether to voluntarily register for GST with the tax authority.•This teaching case may be used in other countries which adopt a voluntary GST registration regime.•This teaching case may be extended to other business settings such as a managerial accounting context. Many countries use the Goods and Services Tax (“GST”) system to broaden their tax base for tax revenue collection. Similar to Singapore, many countries also adopt a registration exemption threshold in order not to burden small businesses with GST tax compliance but to allow an option for such businesses that do not meet the threshold to voluntarily register for GST with the tax authority. This teaching case allows you to do both predictive and prescriptive analytics using available analytics tools in Microsoft Excel to help the business decide whether to voluntarily register for GST with the tax authority. It can be used in undergraduate or graduate accounting analytics, financial accounting, GST compliance, and managerial accounting classes.
ISSN:0748-5751
1873-1996
DOI:10.1016/j.jaccedu.2024.100899