The Role of Intangible Assets Recognised by Czech Companies Listed on the Prague Stock Exchange

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F16%3A00000948" target="_blank" >RIV/46747885:24310/16:00000948 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.5593/sgemsocial2016B23" target="_blank" >http://dx.doi.org/10.5593/sgemsocial2016B23</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5593/sgemsocial2016B23" target="_blank" >10.5593/sgemsocial2016B23</a>

Result language

angličtina

Original language name

The Role of Intangible Assets Recognised by Czech Companies Listed on the Prague Stock Exchange

Original language description

The paper deals with the accounting evidence of intangible assets recognised by Czech non-financial companies that are listed on the Prague Stock Exchange. Firstly, using the descriptive method the above mentioned problems are discussed with regard to the findings published in relevant scientific literature. Secondly, using a comparative analysis of secondary data (financial statements, data published by the Prague Stock Exchange) the article studies the amount and structure of intangible assets that are recognised by Czech non-financial companies listed on the Prague Stock Exchange. Based on the secondary data chosen financial ratios concerning intangible assets are analysed. From the listed companies only those listed in the Czech trade register are taken into account. Also all financial institutions and insurance companies are excluded from the analysed sample. In this respect the financial statements of the selected companies prepared according the requirements of International Financial Reporting Standards (IFRS) for the years 2007-2014 are analyzed. In most cases the proportion of intangible assets to total long-term assets was lower than one percent. It was further confirmed that by almost all companies the amount of disclosed intangible assets expressed both in absolute and relative terms has a descending tendency. In addition, it can be concluded that annual reports of analyzed companies mostly provided information necessary for analysing their amount of intangible assets.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 3rd International Multidisciplinary Scientific Conferences on Social Sciences and Arts SGEM 2016, Volume III

ISBN

978-619-7105-74-2

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

639-646

Publisher name

STEF92 Technology Ltd.

Place of publication

Sofia

Event location

Albena

Event date

Jan 1, 2016

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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