Detailed Information on Publication Record
2011
The Value Statements According to IFRS in Comparison with the Financial Statements in Accordance with Czech Accounting Standards
PADRTOVÁ, Marie and Marek VOCHOZKABasic information
Original name
The Value Statements According to IFRS in Comparison with the Financial Statements in Accordance with Czech Accounting Standards
Name in Czech
Hodnota účetní závěrky sestavené podle IFRS ve srovnání s účetními závěrkami sestavenými v souladu s českými účetními standardy
Authors
PADRTOVÁ, Marie and Marek VOCHOZKA
Edition
Economics & Management, Kaunas, Kaunas University of Technology, 2011, 1822-6515
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50200 5.2 Economics and Business
Country of publisher
Lithuania
Confidentiality degree
není předmětem státního či obchodního tajemství
Organization unit
Institute of Technology and Business in České Budějovice
Keywords (in Czech)
IFRS; finanční analýza; rentabilita; likvidita; aktivita; zadlužení; účetní standardy
Keywords in English
IFRS; financial analysis; profitability; liquidity; activity; debt; accounting standards
Tags
Změněno: 4/4/2012 13:13, Věra Kostková
Abstract
V originále
This paper compares the informative value of financial statements drawn up under IFRS and according to Czech accounting standards by using financial analysis. A particular company statements processed by both procedures: IFRS and Czech accounting standards was selected. A large group of financial ratios based on the methods of Schmallenbach’s society was selected, including indicators of profitability, activity, liquidity and solvency and then applied on selected company financial statements. It was expected that the value of the ratios calculated from the statements drown under different standards would significantly vary. The financial analysis results proved the impact of IFRS implementation on financial performance of the company. Financial statements prepared under Czech accounting standards showed the company more healthy than financial statements drown under IFRS.