J 2011

The Value Statements According to IFRS in Comparison with the Financial Statements in Accordance with Czech Accounting Standards

PADRTOVÁ, Marie and Marek VOCHOZKA

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

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

KEM6
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.
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