HIFO会计可能带来的好处

Midwest Finance Association 2013 Annual Meeting (Archive) Pub Date : 2012-09-25 DOI:10.2139/ssrn.2151955

Robert J. Atra, Yuntaek Pae

{"title":"HIFO会计可能带来的好处","authors":"Robert J. Atra, Yuntaek Pae","doi":"10.2139/ssrn.2151955","DOIUrl":null,"url":null,"abstract":"New IRS rules on accounting for cost basis often impose on investors a decision regarding cost basis when selling shares. We investigate in a very practical way the likely benefits from choosing the highest-in, first-out (HIFO) method for tracking shares. Our results show that for realistic scenarios where investors plan for retirement, HIFO accounting can add about 2% to the investor’s total wealth at the retirement date. Above average tax rates and greater volatility increase the value of using HIFO accounting.","PeriodicalId":255253,"journal":{"name":"Midwest Finance Association 2013 Annual Meeting (Archive)","volume":"152 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2012-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Likely Benefits from HIFO Accounting\",\"authors\":\"Robert J. Atra, Yuntaek Pae\",\"doi\":\"10.2139/ssrn.2151955\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"New IRS rules on accounting for cost basis often impose on investors a decision regarding cost basis when selling shares. We investigate in a very practical way the likely benefits from choosing the highest-in, first-out (HIFO) method for tracking shares. Our results show that for realistic scenarios where investors plan for retirement, HIFO accounting can add about 2% to the investor’s total wealth at the retirement date. Above average tax rates and greater volatility increase the value of using HIFO accounting.\",\"PeriodicalId\":255253,\"journal\":{\"name\":\"Midwest Finance Association 2013 Annual Meeting (Archive)\",\"volume\":\"152 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2012-09-25\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Midwest Finance Association 2013 Annual Meeting (Archive)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.2151955\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Midwest Finance Association 2013 Annual Meeting (Archive)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2151955","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}

引用次数: 2

摘要

美国国税局关于成本基础会计的新规定往往要求投资者在出售股票时就成本基础作出决定。我们以一种非常实际的方式调查了选择最高进先出(high -in, first-out, HIFO)方法跟踪股票可能带来的好处。我们的研究结果表明，对于投资者计划退休的现实情况，HIFO会计可以在退休之日为投资者的总财富增加约2%。高于平均水平的税率和更大的波动性增加了使用HIFO会计的价值。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Likely Benefits from HIFO Accounting

New IRS rules on accounting for cost basis often impose on investors a decision regarding cost basis when selling shares. We investigate in a very practical way the likely benefits from choosing the highest-in, first-out (HIFO) method for tracking shares. Our results show that for realistic scenarios where investors plan for retirement, HIFO accounting can add about 2% to the investor’s total wealth at the retirement date. Above average tax rates and greater volatility increase the value of using HIFO accounting.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Midwest Finance Association 2013 Annual Meeting (Archive)

自引率

0.00%

发文量