information system and characteristics of accounting information. Based on these issues, future challenges for financial and … managerial accounting are analyzed. …

rules of the European Union in the filed of financial statements. In European countries the accounting systems have … harmonization. Since January 1st, 2005 all accounting units, shares of which are registered at financial markets, are obliged to … accounting units in the Czech Republic (enacted by the Law on Accounting), and not only for the consolidated but also for the …

obstacles that small and medium-sized enterprises (SMEs) are facing in application of accounting standards that had been issued … would meet the accounting and financial reporting needs of such group of enterprises and their users – so called project … entities belong into level 3; they apply simple accrual-based accounting also based on IFRS principles, but closely linked to …

Accounting system according Czech legal regulation and both of international distinguished accounting systems (IAS … of differences. It is possible to find these variations in the area of valuation bases, accounting elements, goals of … financial reporting, formal aspects of accounting, financial reporting statements etc. This contribution tries to identify the …

system for the regulation of financial reporting. EC Regulation on the Application of international accounting standards has …