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Analysis of Differences between Czech accounting legislation and International Financial Reporting Standards (IAS/IFRS) Based on Practical Examples of Selected Czech Enterprises

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F09%3A63508659" target="_blank" >RIV/70883521:28120/09:63508659 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Analysis of Differences between Czech accounting legislation and International Financial Reporting Standards (IAS/IFRS) Based on Practical Examples of Selected Czech Enterprises

  • Original language description

    The main differences between IAS/IFRS and the Czech accounting standards (ČÚP) lie in accounting procedures, in presentation and reporting. The International Financial Reporting Standards (IAS/IFRS) are not a generally valid rule of law but they can be taken over, to a lower or higher extent, by national or supranational legislations. Approximation of the Czech accounting legislation to IAS/IFRS is not as fast as in the surrounding countries at the moment but in spite of this, a wide range of Czech enterprises make up closures of account in compliance with IAS/IFRS in addition to the corporate statements of balance, which are necessary for the purposes of taxation. These are predominantly enterprises listed on public markets of EU countries which havebeen making statements in accordance with IAS/IFRS compulsorily since 2005, as well as other enterprises, which have decided to make statements according to IAS/IFRS optionally. The analysis of statements of the selected enterprises shows

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA402%2F09%2F0225" target="_blank" >GA402/09/0225: IAS/IFRS Usage in Small and Medium-sized Enterprises and its Influence on Performance Measurement</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2009

  • 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 11th International Conference of the Society for Global Business and Economic Development (SGBED)

  • ISBN

    978-0-9797659-5-7

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

  • Publisher name

    Univerzita Komenského v Bratislave

  • Place of publication

    Bratislava

  • Event location

    Bratislava

  • Event date

    May 27, 2009

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article