1. Accounting Act and its application to the individual entrepreneur
- Author
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Halás, Juraj, Molín, Jan, and Müllerová, Libuše
- Subjects
zákon o účetnictví ,valuation ,Accounting Act ,účetní závěrka ,financial statements ,oceňování ,individual entrepreneur ,individuální podnikatel - Abstract
This work deals with the interpretation of the Act. 563/1991 Coll. On Accounting, as amended, and discusses its different sections and paragraphs. The beginning part addresses the history of legal rules and accounting practices during the existence of the Czech Republic until today, along with the harmonization of accounting and business and European law. The basis of the work is an interpretation of sections of the Act on Accounting, along with comments and findings by other authors as well as analysis of methods and concepts such as accrual convention, fair value or financial statements. The application of these regulations is aimed at businesses and individual entrepreneurs also with tax consequences. The conclusion assesses the suitability of these regulations and policies to their users.
- Published
- 2011