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ANALYSIS OF THE RELATIONSHIP BETWEEN FINANCIAL AND TAX ACCOUNTING IN THE CZECH REPUBLIC IN THE CONTEXT OF EU LEGISLATION

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F13%3A%230002375" target="_blank" >RIV/47813059:19520/13:#0002375 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    ANALYSIS OF THE RELATIONSHIP BETWEEN FINANCIAL AND TAX ACCOUNTING IN THE CZECH REPUBLIC IN THE CONTEXT OF EU LEGISLATION

  • Original language description

    This article deals with the relationship between financial and tax accounting and points out possible differences arising out of information that represents the output of these systems. A long-lasting complex relationship between tax and financial accounting emerges from different approaches applied in the individual Member States, which are additionally affected by the introduction of new international accounting standards (IFRS). Within the European Union, there are different approaches to the use ofIFRS in separate financial closings, which have a different tax impact. In the Czech Republic, corporations have to use national legislation of financial reporting, but some companies defined by law are required to follow IFRS if it is a consolidated company. In addition, all companies must adjust the economic result to a tax base according to the national tax legislation, which is associated with high administrative, financial, and time-consuming demands. The mutual ratio between the ec

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    O - Projekt operacniho programu

Others

  • Publication year

    2013

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    Proceedings of the 8th International Conference Accounting and Management Information Systems research, education and practice: challanges and opportunities (AMIS 2013)

  • ISBN

  • ISSN

    2247-6245

  • e-ISSN

  • Number of pages

    15

  • Pages from-to

    783-797

  • Publisher name

    The Bucharest University of Economic Studies

  • Place of publication

    Bucharest

  • Event location

    Bucharest

  • Event date

    Jun 12, 2013

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article