Specifika účtování a vykazování rezerv

Abstract

This thesis named „Specifics of the Accounting and Reporting of Reserves“ compiles the dilemma of accounting of reserves according to the Czech legal regulations and also the International financial reporting standards (IAS/IFRS). First of all the reserves are defined by the Czech legislation to regular (taxable) and accounting. The second part of this thesis describes the IFRS, tangibly the IAS 37 standard – Reserves, conditional assets and conditional debts. In the final section both forms are compared. The acquired findings are applied to the selected case studies in light of the Czech form and IAS 37 and the influence on the result of economy is outlined as well.