Reality of E-Reporting of Annual Accounts of SMEs in the EU –McDonald ́s, BurgerKing, KFC and Subway Case Study

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25940082%3A_____%2F18%3AN0000021" target="_blank" >RIV/25940082:_____/18:N0000021 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.aauni.edu/data/files/sbornik-ifrs-verze2.pdf" target="_blank" >https://www.aauni.edu/data/files/sbornik-ifrs-verze2.pdf</a>

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Reality of E-Reporting of Annual Accounts of SMEs in the EU –McDonald ́s, BurgerKing, KFC and Subway Case Study

Popis výsledku v původním jazyce

The European e-Justice portal is a centralized platform for the publication of corporate, financial and accounting information about European businesses. Directive 2013/34/EU provides the compulsory publication of financial statements of businesses as stated in Directive (EU) 2017/1132 via e-Justice Portal, technically defined by Regulation (EU) 2015/884. This EU setting under the auspices of Europe 2020 is complemented by the national laws of EU member states. The e-Justiced portal should be placed where all this data is migrated and where European SMEs are able to not only look for information about their business partners and competitors, but as well post information about them, even if this is not required by the EU law and/or national laws. Since the e-Justice portal has been operating for several years, updated and improved, its current version should be assessed and tested whether it is a real, transparent and free source of information about SMEs. Therefore, after a legislative overview, a practical case study is performed. Similar SMEs incorporated in the majority of EU member states are selected (McDonald's, BurgerKing, KFC and Subway) and the availability of their annual accounts is assessed. The results do not support the pro-EU hypothesis that these annual accounts are available in a similar manner and under similar conditions. Namely, despite all the e-transparency rhetoric, it seems that many national business registers and/or SMEs are not ready to freely go for an e-reporting of annual accounts and so an asymmetry of information and a potential for unfair competition is created.

Název v anglickém jazyce

Reality of E-Reporting of Annual Accounts of SMEs in the EU –McDonald ́s, BurgerKing, KFC and Subway Case Study

Popis výsledku anglicky

The European e-Justice portal is a centralized platform for the publication of corporate, financial and accounting information about European businesses. Directive 2013/34/EU provides the compulsory publication of financial statements of businesses as stated in Directive (EU) 2017/1132 via e-Justice Portal, technically defined by Regulation (EU) 2015/884. This EU setting under the auspices of Europe 2020 is complemented by the national laws of EU member states. The e-Justiced portal should be placed where all this data is migrated and where European SMEs are able to not only look for information about their business partners and competitors, but as well post information about them, even if this is not required by the EU law and/or national laws. Since the e-Justice portal has been operating for several years, updated and improved, its current version should be assessed and tested whether it is a real, transparent and free source of information about SMEs. Therefore, after a legislative overview, a practical case study is performed. Similar SMEs incorporated in the majority of EU member states are selected (McDonald's, BurgerKing, KFC and Subway) and the availability of their annual accounts is assessed. The results do not support the pro-EU hypothesis that these annual accounts are available in a similar manner and under similar conditions. Namely, despite all the e-transparency rhetoric, it seems that many national business registers and/or SMEs are not ready to freely go for an e-reporting of annual accounts and so an asymmetry of information and a potential for unfair competition is created.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50205 - Accounting

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

IFRS: Global Rules and Local Use: Proceedings of the 6th International Scientific Conference

ISBN

978-80-906585-7-8

ISSN

—

e-ISSN

—

Počet stran výsledku

16

Strana od-do

142-157

Název nakladatele

Anglo-americká vysoká škola, z.ú.

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

11. 10. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000461826900014