Shortcomings of accounting legislation to the needs of the agricultural sector due to its specifics

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F15%3A43890237" target="_blank" >RIV/60076658:12510/15:43890237 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Shortcomings of accounting legislation to the needs of the agricultural sector due to its specifics

Popis výsledku v původním jazyce

Agriculture is a very specific area, whose specifics are reflected in the accounting and in the related economic assessment of companies. Czech accounting legislation in its current form does not provide a necessary perspective on the various fields dueto their specificity as in the case of the International Financial Reporting Standards (IFRS) and the GAAP. It is reflected in the financial analysis. The IFRS include one standard dedicated only to agriculture and its specifics, IAS 41 Agriculture. Themain problems were found at the level of making calculations, including the animal (to the accounts of fixed assets or inventory), valuation pups or measurement of crop production. This leads to different values in the financial statements of the entities that do not provide a sufficiently fair view of the accounting, and are incomparable both between companies and in time. In this article the specifics of agriculture, generally applicable legislation in the Czech Republic, its confronta

Název v anglickém jazyce

Shortcomings of accounting legislation to the needs of the agricultural sector due to its specifics

Popis výsledku anglicky

Agriculture is a very specific area, whose specifics are reflected in the accounting and in the related economic assessment of companies. Czech accounting legislation in its current form does not provide a necessary perspective on the various fields dueto their specificity as in the case of the International Financial Reporting Standards (IFRS) and the GAAP. It is reflected in the financial analysis. The IFRS include one standard dedicated only to agriculture and its specifics, IAS 41 Agriculture. Themain problems were found at the level of making calculations, including the animal (to the accounts of fixed assets or inventory), valuation pups or measurement of crop production. This leads to different values in the financial statements of the entities that do not provide a sufficiently fair view of the accounting, and are incomparable both between companies and in time. In this article the specifics of agriculture, generally applicable legislation in the Czech Republic, its confronta

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 9th International Scientific Conference INPROFORUM. Common challenges - Different solutions - Mutual dialogue

ISBN

978-80-7394-536-7

ISSN

2336-6788

e-ISSN

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Počet stran výsledku

6

Strana od-do

211-216

Název nakladatele

Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta

Místo vydání

České Budějovice

Místo konání akce

České Budějovice

Datum konání akce

5. 11. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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