Dlouhodobý hmotný majetek v účetních systémech tranzitivních ekonomik a v IFRS

Abstract

The differences in view on Long-Term Assets between accounting systems of transition economies (Czech Republic and Russian Federation) and IFRS can influence the decisions of financial statement users (investors and creditors). The aim of diploma thesis is comparing the differences in accounting transactions which are connected with Long-Term Assets, and analyzing their influence on economic decisions. Decisions of financial statement users are based on analysis of financial ratios, therefore analyzing of differences between accounting systems is provided by analyzing of financial ratios. The result of this work is observation of high influence of differences between accounting systems on financial ratios. According to result of diploma thesis we can determine the necessity of applying the common accounting system (IFRS) all over the world. IFRS allows users of financial statements from different countries to make effective decisions.