Revenue management of changes in foreign exchange rates - case study of production companies with foreign participation in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A83500" target="_blank" >RIV/60460709:41110/20:83500 - isvavai.cz</a>
Result on the web
<a href="http://soskin.info/en/ea/2020/181-1-2/Economic-Annals-V181-10" target="_blank" >http://soskin.info/en/ea/2020/181-1-2/Economic-Annals-V181-10</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.21003/ea.V181-10" target="_blank" >10.21003/ea.V181-10</a>
Alternative languages
Result language
angličtina
Original language name
Revenue management of changes in foreign exchange rates - case study of production companies with foreign participation in the Czech Republic
Original language description
The issue of choice of currency in the financial accounting of companies is a very current topic, as it is quite common for almost every trading company to have relationships or trade with foreign countries. For this reason, foreign currency transactions appear in the accounting. However, if individual accounting entities trade with foreign countries in larger volumes, there may be huge exchange rate differences that distort the financial results of enterprises. An example of this is the so-called assembly plants on the territory of the Czech Republic, which are required to keep accounting records in the Czech currency according to the Act on Accounting (1991). Nevertheless, they purchase most materials abroad, and final products are also exported abroad. The purpose of the paper is to compare approaches to the choice of currencies within two accounting systems - the IAS/IFRS and the Czech accounting system. Also, the paper is aimed at presenting the results of the research with a task to quantify th
Czech name
—
Czech description
—
Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
—
OECD FORD branch
50205 - Accounting
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economic Annals XXI
ISSN
1728-6220
e-ISSN
1728-6239
Volume of the periodical
181
Issue of the periodical within the volume
1-2
Country of publishing house
UA - UKRAINE
Number of pages
9
Pages from-to
115-123
UT code for WoS article
—
EID of the result in the Scopus database
2-s2.0-85091639476