Investigating impact of IFRS on the accounting regulatory system in the Czech Republic, there should be highlighted that IFRS were introduced into the regulatory system gradually as a separate regulatory system for determined group of accounting entities, on the other hand IFRS have had...

Current revision of the Fourth and Seventh Company Law Directives is provided in the scope of simplification of accounting rules for SMEs and other companies. The review of the Accounting Directives has the overall objective to modernize and simplify the reporting requirements as well as to make...