Komparace české legislativy a Mezinárodních standardů účetního výkaznictví v oblasti dlouhodobého majetku

Abstract

The work deals with the comparison of Czech legislation and International Financial Reporting Standards concerning fixed assets. Between the two approaches are many differences. Large differences are illustrated in the field of asset write-downs. Depreciation can be seen as an important tool used by entity to comply with the principle of prudence in accounting, but it is also a tool for tax optimization in income tax. Theoretical work is an excursion into both treatments and identify the basic differences in reporting of fixed assets. The practical part shows the modeling of individual types of property on which it is clearly shown the calculation of depreciation and development for the next period.