The paper reacts to the present development in the field of revenue recognition under IFRS and US GAAP. IASB and FASB … a new guidance on revenue recognition, which may significantly alter current accounting practice. The paper focuses on …

of subsidiary at the date of acquisition. Current IFRS (IFRS 3, IAS 27 and IFRS 10) are based on economic entity concept …. Current Czech accounting standards are based on limited economic entity concept. …

The paper outlines the influence and impact of IFRS on accounting regulation in Czech Republic. The core of the paper … is comparison of IFRS due process with legislative process of developing the Czech accounting legislation. The comparison … for its improvement and increase efficiency. From the perspective of nature of accounting regulation the delegation of …

to these reported by equity method. IFRS 11 Joint Arrangements that fully superseded IAS 31 Interests in Joint Ventures … become effective for financial statements for annual periods beginning on or after 1 January 2013. IFRS 11 doesn’t enable to … for accounting for joint control over joint venture. Venturers that had prepared financial statements by proportionate …

Economics, Prague. The findings of the project will be further scrutinised within a research project “Analysis of Accounting …

theoretical research in the accounting, too. Firstly, the contribution refers to some characteristics of economic concept of … income. Then, I expound the accounting point of view, especially in mutual relations to various concepts of value, capital … and income. I delineate two theoretical concepts of accounting profit – realizable profit and business profit. In the last …

agreed internal market Rules into National Law. Enforcement of accounting regulation and principles in accordance with IFRS … anticipates publishing further extracts from the database on a regular base concerning compliance with IFRS and realization of the …

Czech accounting legislation and IFRS 10 and IFRS 11 respectively. This paper also collates definition of control according …Definition of control and join-control changed during last years in both Czech accounting legislation and International … treatment of control and join-control according to the Czech legislation and according to IFRS. Illustrative examples and cases …