Cash Accounting Information System Before and After the Amendment to the Act on Accounting as of 2016

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F16%3A00010680" target="_blank" >RIV/47813059:19520/16:00010680 - isvavai.cz</a>
Result on the web
<a href="http://spu.fem.uniag.sk/mvd2016/proceedings/en/articles/s6/simikova.pdf" target="_blank" >http://spu.fem.uniag.sk/mvd2016/proceedings/en/articles/s6/simikova.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15414/isd2016.s6.03" target="_blank" >10.15414/isd2016.s6.03</a>

Result language
angličtina
Original language name
Cash Accounting Information System Before and After the Amendment to the Act on Accounting as of 2016
Original language description
The aim of the article is to perform an analysis of cash accounting development and evaluate its new proposition. Cash accounting gained the status of an accounting system by the historically first Act on Accounting of 1991. As of 2003, the option to keep cash accounting was irretrievably cancelled for natural persons. Cash accounting gradually transformed from an accounting system into a marginal issue of bookkeeping without operative legal rules. Since January 2016, if the requirements explicitly stated in the Act on Accounting are met, cash accounting can be kept by legal persons. The accounting entity must not be value added tax registered, the total income must not exceed CZK 3 million, the value of its property must not exceed CZK 3 million, and it must be among the enumerated non-profit organizations. The research results confirmed that cash accounting has not returned to the status of an accounting system. In an attempt to alleviate the administrative burden for small non-profit organizations, a form of bookkeeping was created, not a fully-fledged accounting system with all the attributes of faithful and fair depiction.
Czech name
—
Czech description
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Project
—
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
The Agri-Food Value Chain: Challenges for Natural Resources Management and Society
ISBN
978-80-552-1503-7
ISSN
—
e-ISSN
—
Number of pages
11
Pages from-to
410-420
Publisher name
Slovenská polnohospodárská univerzita v Nitre
Place of publication
Nitra
Event location
Nitra
Event date
May 19, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000391174500048

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