Although financial accounting and taxation, it is important to understand the tax reported in the financial statements as the information is useful to stakeholders. Should be presented with information about tax legislation. Therefore, the general revenue recorded in the financial statements to report the cost of tax compliance. Also, the rules and principles of GAAP control is sometimes different from those who control the income tax reporting. These differences result in two different measures of income. As well as two different measures of assets, liabilities.