Revenue management of changes in foreign exchange rates - case study of production companies with foreign participation in the Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A83500" target="_blank" >RIV/60460709:41110/20:83500 - isvavai.cz</a>

Výsledek na webu

<a href="http://soskin.info/en/ea/2020/181-1-2/Economic-Annals-V181-10" target="_blank" >http://soskin.info/en/ea/2020/181-1-2/Economic-Annals-V181-10</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.21003/ea.V181-10" target="_blank" >10.21003/ea.V181-10</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Revenue management of changes in foreign exchange rates - case study of production companies with foreign participation in the Czech Republic

Popis výsledku v původním jazyce

The issue of choice of currency in the financial accounting of companies is a very current topic, as it is quite common for almost every trading company to have relationships or trade with foreign countries. For this reason, foreign currency transactions appear in the accounting. However, if individual accounting entities trade with foreign countries in larger volumes, there may be huge exchange rate differences that distort the financial results of enterprises. An example of this is the so-called assembly plants on the territory of the Czech Republic, which are required to keep accounting records in the Czech currency according to the Act on Accounting (1991). Nevertheless, they purchase most materials abroad, and final products are also exported abroad. The purpose of the paper is to compare approaches to the choice of currencies within two accounting systems - the IAS/IFRS and the Czech accounting system. Also, the paper is aimed at presenting the results of the research with a task to quantify th

Název v anglickém jazyce

Revenue management of changes in foreign exchange rates - case study of production companies with foreign participation in the Czech Republic

Popis výsledku anglicky

The issue of choice of currency in the financial accounting of companies is a very current topic, as it is quite common for almost every trading company to have relationships or trade with foreign countries. For this reason, foreign currency transactions appear in the accounting. However, if individual accounting entities trade with foreign countries in larger volumes, there may be huge exchange rate differences that distort the financial results of enterprises. An example of this is the so-called assembly plants on the territory of the Czech Republic, which are required to keep accounting records in the Czech currency according to the Act on Accounting (1991). Nevertheless, they purchase most materials abroad, and final products are also exported abroad. The purpose of the paper is to compare approaches to the choice of currencies within two accounting systems - the IAS/IFRS and the Czech accounting system. Also, the paper is aimed at presenting the results of the research with a task to quantify th

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50205 - Accounting

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

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

Název periodika

Economic Annals XXI

ISSN

1728-6220

e-ISSN

1728-6239

Svazek periodika

181

Číslo periodika v rámci svazku

1-2

Stát vydavatele periodika

UA - Ukrajina

Počet stran výsledku

9

Strana od-do

115-123

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85091639476