The Use of Tax and Nontax Provisions and Allowances
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F18%3A39913359" target="_blank" >RIV/00216275:25410/18:39913359 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/book/10.1007/978-3-319-68762-9" target="_blank" >https://link.springer.com/book/10.1007/978-3-319-68762-9</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/978-3-319-68762-9_40" target="_blank" >10.1007/978-3-319-68762-9_40</a>
Alternative languages
Result language
angličtina
Original language name
The Use of Tax and Nontax Provisions and Allowances
Original language description
The basic principle of the creation of accounting provisions and allowances is the principle of prudence and a true and fair view of the entity. The allowances are used to express a temporary reduction in the value of assets, while the provisions are a source of increasing costs intended to cover future debts or expenses, of which purpose is likely to incur but the amount or the date on which they arise are uncertain. There was a questionnaire survey, which was attended by 673 enterprises. The goal was to determine whether the size and scope of enterprises are linked to the creation of provisions and allowances. It was not found out that the creation of provisions and allowances depends on the size and industry of enterprises. The different types of provisions and allowances and their representation in enterprises were also examined. It was found out that 39% of businesses have never created any provisions and allowances. Most often nontax provisions (21%) are created. As a result, insufficient creation of provisions and allowances was found out.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
—
OECD FORD branch
50205 - Accounting
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The Impact of Globalization on International Finance and Accounting
ISBN
978-3-319-68761-2
ISSN
2198-7246
e-ISSN
2198-7254
Number of pages
9
Pages from-to
365-373
Publisher name
Springer
Place of publication
Berlin
Event location
Praha
Event date
May 26, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000450036900040