Prvé prijatie IFRS v spol. s r.o. v Slovenskej republike

Abstract

The work is oriented on First-time Adoption of IFRS in a Limited Liability Company in the Slovak Republic. It describes a financial statement created by valid legislation in the Slovak republic and according to the International Financial Reporting Standards. The second chapter is oriented on financial statement created by valid legislation in the Slovak republic where more detail focus on the accounts is. It describes consolidated financial statement, regular financial statement, extraordinary financial statement and interim financial statement. The chapter analyze approval of financial statement and its verification by the auditor. The chapter in detail analyze individual statements of financial statement. The third chapter is oriented on financial statement created by the International Financial Reporting Standards. This chapter describes First-time Adoption of International Financial Reporting Standards. It describes Conceptual Framework which is divided to: objective of financial statement, users of financial statement, basic assumptions of financial statement, qualitative characteristics of finacial statement, basic elements of financial statement, valuation of financial statement and conception of capital and its preserve. At the end of this chapter are in detail analyze statements of financial statement. The fourth chapter practically applied International Financial Reporting Standards in the selected company. The chapter focuses on creation of the statement of financial position and the statement of comprehensive income of the company in accordance with International Financial Reporting Standards from statements created by valid legislation in the Slovak republic.