This paper focuses on development of rules and practices of accounting and on the application of IFRS in the Czech … Republic. The article deals with historical background of the Czech accounting and subsequently with particular features of … implementation of IFRS after 1989, when the economic transformation to market economy required adjustments in accounting regulation …

convergence of financial and management accounting has been emerging. The integration is supported by the development of … information and communication technology. Financial and management accounting converge on the various levels, e.g. on data … countries. The transitional countries are in process of switching to standard accounting practice similar to those utilised in …

between financial and management accounting of private Czech companies under foreign control. Being acquired by a parent … evidence that subsidiaries under foreign control steadily integrate IFRS-based principles into their management accounting … subsystems. The study extends current research on the integration of management and financial accounting by identifying a special …

global resources, easier consolidation of multinational companies foreign subsidiaries, alleviation of accounting staff …