Aplikace mezinárodních standardů účetního výkaznictví v akciové společnosti

Abstract

This thesis is focused on the application of International Financial Reporting Standards (IAS/IFRS) in a Joint-stock company. The aim of the thesis was to identify the main differences between Czech Accounting Standards and International Financial Reporting Standards in selected areas of accounting, to analyze the application of IAS/IFRS in a particular company and to characterize and compare the presentation of provisions according to Czech Accounting Standards and IAS/IFRS in the company. The thesis is devided into five chapters including introduction and conclusion. The second chapter deals with the theoretical part of the thesis. This chapter characterizes the main differences between Czech Accounting Legislation and International Financial Reporting Standards. The main differences were derived by comparing the specific standards of IAS/IFRS with the rules set by the Czech accounting regulations. The third and the fourth chapters deal with the practical part of the thesis. These chapters have the analysis of the items which cause differences in the financial statements of the company that are reported according to Czech Accounting Legislation and IAS/IFRS. It also contains provisions explained in detail including some examples with calculations.