Relevance světových trendů v oblasti snižování hodnoty

Abstract

The article is focused on contrasting different approaches to the allocation of value of fixed assets to costs within two accounting systems - on the International Financial Reporting Standards IAS / IFRS and on the national accounting system of the Czech Republic. First, a comparative analysis was carried out based on the description of long-term assets. In addition, a survey was carried out mapping the methods of determining the depreciation of the joint stock companies in the Czech Republic. The research sample consisted of the joint-stock companies, because they are more likely to listing on a stock exchange, and hence a higher likelihood of application of IAS / IFRS. The research has revealed the wide use of the linear depreciation method, the use of group depreciation in the agriculture sector, the sporadic use of the component depreciation method, the setting of the boundary for tangible and intangible fixed assets and the intervals of depreciation years. The last part of the paper demonstrates the impact of the selected differences on the performance and financial situation of the enterprises.

Keywords

• Asset
• depreciation
• accounting
• reporting.