Economic and Political Implications of IFRS Adoption in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F16%3A%230000798" target="_blank" >RIV/26138077:_____/16:#0000798 - isvavai.cz</a>
Alternative codes found
RIV/25619161:_____/16:N0000066
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Economic and Political Implications of IFRS Adoption in the Czech Republic
Original language description
This chapter analyses the political and economic impact of IFRS adoption in the Czech Republic. It contributes to the current understanding of IFRS adoption from the perspective of a small European transitional market, where local accounting standards were previously well developer and still play a major role in financial reporting mainly, however for local taxation purposes. Although there has been an observable increase in the country´s exports, FDI and international trade since the beginning of the 1990s, the direct impact of IFRS is difficult to discern, because of many political and institutional changes that have taken place concurrently. However, i tis clear that adoption of IFRS has contributed to greater cultivation of the economic environmentand faciliated international operations. IFRS adoption is not highly prevalent but is gradually increasing. This is apparent mainly in Czech companies with foreign parents that are in any event required to report in IFRS.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
AH - Economics
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
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Economics and Political Implications of International Financial Reporting Standards
ISBN
978-1-4666-9876-5
Number of pages of the result
29
Pages from-to
105-133
Number of pages of the book
417
Publisher name
Business Science Reference
Place of publication
Hershey PA
UT code for WoS chapter
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