Shortcomings of accounting legislation to the needs of the agricultural sector due to its specifics

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F15%3A43890237" target="_blank" >RIV/60076658:12510/15:43890237 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Shortcomings of accounting legislation to the needs of the agricultural sector due to its specifics
Original language description
Agriculture is a very specific area, whose specifics are reflected in the accounting and in the related economic assessment of companies. Czech accounting legislation in its current form does not provide a necessary perspective on the various fields dueto their specificity as in the case of the International Financial Reporting Standards (IFRS) and the GAAP. It is reflected in the financial analysis. The IFRS include one standard dedicated only to agriculture and its specifics, IAS 41 Agriculture. Themain problems were found at the level of making calculations, including the animal (to the accounts of fixed assets or inventory), valuation pups or measurement of crop production. This leads to different values in the financial statements of the entities that do not provide a sufficiently fair view of the accounting, and are incomparable both between companies and in time. In this article the specifics of agriculture, generally applicable legislation in the Czech Republic, its confronta
Czech name
—
Czech description
—

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 9th International Scientific Conference INPROFORUM. Common challenges - Different solutions - Mutual dialogue
ISBN
978-80-7394-536-7
ISSN
2336-6788
e-ISSN
—
Number of pages
6
Pages from-to
211-216
Publisher name
Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta
Place of publication
České Budějovice
Event location
České Budějovice
Event date
Nov 5, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—

Similar results(10)