IFRS adoption in conditions of Czech SMEs ? insight into accounting practice
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F15%3A%230000796" target="_blank" >RIV/26138077:_____/15:#0000796 - isvavai.cz</a>
Alternative codes found
RIV/25619161:_____/15:#0000197
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
IFRS adoption in conditions of Czech SMEs ? insight into accounting practice
Original language description
In the Czech Republic since 2011 subsidiaries and affiliated companies, whose parent companies are required to prepare the financial statements according to IFRS, may prepare their separate financial statements in accordance with IFRS.As it has been recently verified, there was no significant interest on the side of Czech companies to use IFRS. This change in accounting regulation was aimed to remove some of the barriers in IFRS adoption, especially imbalances between the costs and benefits of its usage. The aim of our research was to reveal the changes in the way how companies accept the changes in accounting regulation and reasons of rather slow and hesitant IFRS adoption. To gather the empirical data we used the questionnaire survey method. We haveobtained answers of approximately 300 Czech SMEs, which were subsequently analysed. The results indicated that the main causes of the lack of interest in IFRS usage remain the imbalances between costs and benefits of practical implementat
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
IFRS Global Rules and Local Use
ISBN
978-80-260-8676-5
ISSN
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e-ISSN
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Number of pages
15
Pages from-to
6-20
Publisher name
Anglo-American University
Place of publication
Praha
Event location
Praha
Event date
Jan 1, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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