The Process of Preparing Financial Statements of the Czech Republic, Including the Analysis of Financial Statements Results for the year 2016

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10239642" target="_blank" >RIV/61989100:27510/18:10239642 - 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

The Process of Preparing Financial Statements of the Czech Republic, Including the Analysis of Financial Statements Results for the year 2016

Popis výsledku v původním jazyce

This paper deals with the process of preparing financial statements of the Czech Republic, which completes the state accounting reformed that was officially launched in 2010. The accounting reform introduced new methods into the state accounting, such as accounting for adjusting items, provisions, accruals or depreciation of assets. An element of the accrual principle was so introduced into the state accounting, and the accrual-based bookkeeping provides users with more reliable and relevant information about the financial position and financial performance. The paper defines the legislative framework for the preparation of financial statements for the whole Czech Republic, the consolidation unit of the Czech Republic. The paper also presents the structure of financial statements of the Czech Republic, which consists of Summary Statement of State Assets and Liabilities, Summary Statement of State Expenditures and Revenues and the notes for the Czech Republic, including an analysis of the main outputs from these financial statements prepared for the accounting period of 2016. Outputs from accounting consolidation of the state are an extensive source of information on the use of public funds and show the state of assets and liabilities of the Czech Republic for a wide range of users.

Název v anglickém jazyce

The Process of Preparing Financial Statements of the Czech Republic, Including the Analysis of Financial Statements Results for the year 2016

Popis výsledku anglicky

This paper deals with the process of preparing financial statements of the Czech Republic, which completes the state accounting reformed that was officially launched in 2010. The accounting reform introduced new methods into the state accounting, such as accounting for adjusting items, provisions, accruals or depreciation of assets. An element of the accrual principle was so introduced into the state accounting, and the accrual-based bookkeeping provides users with more reliable and relevant information about the financial position and financial performance. The paper defines the legislative framework for the preparation of financial statements for the whole Czech Republic, the consolidation unit of the Czech Republic. The paper also presents the structure of financial statements of the Czech Republic, which consists of Summary Statement of State Assets and Liabilities, Summary Statement of State Expenditures and Revenues and the notes for the Czech Republic, including an analysis of the main outputs from these financial statements prepared for the accounting period of 2016. Outputs from accounting consolidation of the state are an extensive source of information on the use of public funds and show the state of assets and liabilities of the Czech Republic for a wide range of users.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50205 - Accounting

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název periodika

Transactions of the Universities of Košice

ISSN

1335-2334

e-ISSN

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Svazek periodika

neuveden

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

SK - Slovenská republika

Počet stran výsledku

7

Strana od-do

32-38

Kód UT WoS článku

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EID výsledku v databázi Scopus

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