Účetní výkaznictví malých a středních podniků
| Title in English | Financial Reporting of Small and Medium-Sized Entities |
|---|---|
| Authors | |
| Year of publication | 2017 |
| Type | Monograph |
| MU Faculty or unit | |
| Citation | |
| Description | The aims of the publication are to describe and evaluate the current regulations on financial reporting for small and medium-sized entities at the national and international levels focusing on the information function of financial statements. The publication concentrates on the reporting procedures specified in Directive 2013/34/EU of the European Parliament and of the Council on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, with the main emphasis on the reduction of administrative load and simplification of financial reporting of small and medium-sized entities. The study assesses whether the Directive objectives have been met, and what the consequences are of the possible choices within recognition and measurement of items of financial statements as well as the proposed simplifications, particularly from the users’ point of view. It identifies the problems that can occur in relation to the Directive application. It deals with the relationship between the Directive and the International Financial Reporting Standard for Small and Medium-Sized Entities. It describes the transposition of the Directive provisions into the national legislation and its changes since January 1, 2016. The publication is of theoretical nature - it has been created using methods of theoretical research. Practical impact is demonstrated through model examples. |