Význam a tvorba rezerv u podnikatelského subjektu

Abstract

Reserves belong to long-term external sources and they are important accounting and tax category. The reserves are created with purpose to cover future expense and risks, expected by the accounting entity. If the conditions of the law on reserves are met, the reserves are tax effective. The accounting entity determines through its internal regulation the detailed rules of creation and usage of reserve. Creation of reserves is debited to expenses; their usage, on the other hand, is credited to expenses.