Český finanční a účetní časopis 2016(4):27-41 | DOI: 10.18267/j.cfuc.484

The consolidated group definition of public sector in the Czech republic and Slovakia

Lukáš Poutník
Lukáš Poutník; katedra finančního účetnictví a auditingu, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <xpoul04@vse.cz>.

The article deals with the definition of a consolidated group in the Czech Republic and Slovakia public sector. On 30 January 2015 The International Public Sector Accounting Standards Board published new standard IPSAS 35 - Consolidated Financial Statements. This standard represents a very sophisticated construction accounting axioms based on the approximation of the public sector to the private sector in the accounting consolidation field. The aim of this article is an identification and subsequent comparison of methodological elements in the consolidated group definition of public sector in the Czech and Slovak national legislative amendments in the context of IPSAS 35.

Keywords: Redistribution; Progressivity; Gini coefficient; Lorenz curve.
JEL classification: E02, H10, M41

Published: December 1, 2016  Show citation

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Poutník, L. (2016). The consolidated group definition of public sector in the Czech republic and Slovakia. Czech Financial and Accounting Journal, 2016(4), 27-41. doi: 10.18267/j.cfuc.484
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