The Impact of the Ways of Agricultural Activity Reporting on Financial Statements under IFRS and Czech Accounting Legislation

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F19%3A43916570" target="_blank" >RIV/62156489:43110/19:43916570 - isvavai.cz</a>

Výsledek na webu

<a href="https://is.muni.cz/do/econ/sborniky/2019/Proceedings_final.pdf" target="_blank" >https://is.muni.cz/do/econ/sborniky/2019/Proceedings_final.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Impact of the Ways of Agricultural Activity Reporting on Financial Statements under IFRS and Czech Accounting Legislation

Popis výsledku v původním jazyce

The specific nature of agricultural activity compared to other business activities undertaken for profit requires different methodological approaches for their recognition, measurement, recording and reporting. The contribution deals with the impact of International Financial Reporting Standards (IFRS) reporting in agricultural activities on financial analysis ratios. The aim of the research is the evaluation of the impact of the treatments for individual kinds of biological assets (such as consumable plants and bearer plants) and their changes in value during their life reporting. The comparison of traditional accounting approaches, cost models and fair value models is the starting point of evaluation. The data of the Institute of Agricultural Economics and Information are used as a source of the information on the market values of agricultural produce and cost of individual agricultural activities. According to the authors&apos; research the way of biological assets reporting could affect the financial position and performance of business entities involved agricultural sector significantly.

Název v anglickém jazyce

The Impact of the Ways of Agricultural Activity Reporting on Financial Statements under IFRS and Czech Accounting Legislation

Popis výsledku anglicky

The specific nature of agricultural activity compared to other business activities undertaken for profit requires different methodological approaches for their recognition, measurement, recording and reporting. The contribution deals with the impact of International Financial Reporting Standards (IFRS) reporting in agricultural activities on financial analysis ratios. The aim of the research is the evaluation of the impact of the treatments for individual kinds of biological assets (such as consumable plants and bearer plants) and their changes in value during their life reporting. The comparison of traditional accounting approaches, cost models and fair value models is the starting point of evaluation. The data of the Institute of Agricultural Economics and Information are used as a source of the information on the market values of agricultural produce and cost of individual agricultural activities. According to the authors&apos; research the way of biological assets reporting could affect the financial position and performance of business entities involved agricultural sector significantly.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

<a href="/cs/project/GA18-14082S" target="_blank" >GA18-14082S: Férové korporátní zdanění: Měření dopadu přesunu zisků na rozpočet České republiky</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2019

Kód důvěrnosti údajů

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

Název statě ve sborníku

European Financial Systems 2019: Proceedings of the 16th International Scientific Conference

ISBN

978-80-210-9338-6

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

57-65

Název nakladatele

Masarykova univerzita

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

24. 6. 2019

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000503222600006