4 Questions that must be answeredwhen considering IFRS in Czech small and medium sized enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F13%3A43870827" target="_blank" >RIV/70883521:28120/13:43870827 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
4 Questions that must be answeredwhen considering IFRS in Czech small and medium sized enterprises
Original language description
In this article the author introduces 4 questions that must be answered by management of Czech small and medium sized enterprises when considering IFRS. First of all it is needed to know what IFRS represents, what are the main features of IFRS, what is the difference between IFRS, IFRS for SMEs and Czech accounting legislation (WHAT?). Secondly the management shall answer what are the reasons for the use of IFRS (WHY?).Thirdly it must be decided how the IFRS can be used, if the small and medium sized enterprise will prepare financial statements under IFRS and what instruments can be used for possible adoption of IFRS (HOW?). And last but not least the impact of IFRS on the company, its personnel and processes shall be considered (IMPACT?).
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
<a href="/en/project/EE2.3.20.0147" target="_blank" >EE2.3.20.0147: Development of Manpower in the Research Field of Performance Measurement and Operation, Companies, Clusters and Regions</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
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 1st International Scientific Conference
ISBN
978-80-87658-07-9
ISSN
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e-ISSN
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Number of pages
13
Pages from-to
131-143
Publisher name
Anglo American University
Place of publication
Praha
Event location
Praha
Event date
Oct 18, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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