Impact of IFRS Reporting on Prediction of Development of Financial Conditions of Czech Firms

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F14%3A%230000770" target="_blank" >RIV/26138077:_____/14:#0000770 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Impact of IFRS Reporting on Prediction of Development of Financial Conditions of Czech Firms

Popis výsledku v původním jazyce

According to the international agreements since the year 2005 all the companies operating on the EU capital markets have to prepare their financial statements in accordance with the IFRS. Financial statements according the IAS/IFRS give different set ofdata in comparison with statements based on the Financial Statements according to national Accounting Standards. The assessment of the firms´ future destiny can therefore be affected by different accounting procedures. The selected indicators of Altman Z-score model summarize the most sensitive areas of the firm´s financial condition and its efficiency. We claim, that these indicators reveal the most important the impact of IFRS reporting in special structure and affect the final value and prediction offirm´s future. The aim of this paper is a thorough analysis of the changes in prediction of the firm´s future caused the different principles of reporting. Through the analysis of indicators´ changes on sample of 30 Czech firms we assess

Název v anglickém jazyce

Impact of IFRS Reporting on Prediction of Development of Financial Conditions of Czech Firms

Popis výsledku anglicky

According to the international agreements since the year 2005 all the companies operating on the EU capital markets have to prepare their financial statements in accordance with the IFRS. Financial statements according the IAS/IFRS give different set ofdata in comparison with statements based on the Financial Statements according to national Accounting Standards. The assessment of the firms´ future destiny can therefore be affected by different accounting procedures. The selected indicators of Altman Z-score model summarize the most sensitive areas of the firm´s financial condition and its efficiency. We claim, that these indicators reveal the most important the impact of IFRS reporting in special structure and affect the final value and prediction offirm´s future. The aim of this paper is a thorough analysis of the changes in prediction of the firm´s future caused the different principles of reporting. Through the analysis of indicators´ changes on sample of 30 Czech firms we assess

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název periodika

International Journal of Business and Social Science

ISSN

2219-1933

e-ISSN

—

Svazek periodika

5

Číslo periodika v rámci svazku

9

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

11

Strana od-do

215-225

Kód UT WoS článku

—

EID výsledku v databázi Scopus

—