PADRTOVÁ, Marie and Marek VOCHOZKA. The Value Statements According to IFRS in Comparison with the Financial Statements in Accordance with Czech Accounting Standards. Economics & Management. Kaunas: Kaunas University of Technology, Neuveden, No 16, p. 80-85. ISSN 1822-6515. 2011.
Other formats:   BibTeX LaTeX RIS
Basic 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
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher Lithuania
Confidentiality degree is not subject to a state or trade secret
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 KEM6
Changed by Changed by: Věra Kostková, učo 6173. Changed: 4/4/2012 13:13.
Abstract
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.
PrintDisplayed: 20/4/2024 01:47