Czech Financial and Accounting Journal, 2007 (vol. 2007), issue 4

Integrační aspekty řízení výkonnosti

Bohumil Král

Český finanční a účetní časopis 2007(4):5-7 | DOI: 10.18267/j.cfuc.241  

Notes about Study on History of Theoretical Approaches to Investment Decision

Petr Marek

Český finanční a účetní časopis 2007(4):23-29 | DOI: 10.18267/j.cfuc.242  

The study of the history of theoretical opinions enables better to estimate the direction of future research. Objective of the article is to show main developmental lines in several aspect of financial theory concentrated on material investments and to say thesis about further development of this theory. Followed problems were history of interest, the use of interest calculation for investment decisions, beginning of investment theory, relationship between internal rate of return and net present value, empiric studies of the use of investment methods in practise, the organizational aspect of investment decision making process and simulation.

Actual Problems Accounting Solution Legal Merger in the Context with Development Harmonization Norms EU

Hana Vomáčková

Český finanční a účetní časopis 2007(4):30-35 | DOI: 10.18267/j.cfuc.243  

National and cross-border legal merger should have identical ideological substance from the point of view of business law, tax law and accounting regulation. This uniform base should be included in to the harmonisation measure standard and to the national norms also. Resource for accounting solution of national and cross-border legal merger should be IAS/IFRS for business combination and consolidation.

Research Work in IAS/IFRS - IAS/IFRS and Czech Accounting System and Comparison

Jana Hinke, Denisa Plachá, Milan Hrdý

Český finanční a účetní časopis 2007(4):36-52 | DOI: 10.18267/j.cfuc.244  

Accounting system according Czech legal regulation and both of international distinguished accounting systems (IAS/IFRS and US GAAP) go out of different fundamental requirements and that is why it is evident that these systems includes a lot 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 main divergences between Czech accounting system and IAS/IFRS. The solutions of individual problems according US GAAP is signed only by selected areas for reserved degree...

Relationship of Management and Financial Accounting

Václav Černý

Český finanční a účetní časopis 2007(4):53-56 | DOI: 10.18267/j.cfuc.245  

The paper contains disputation on B. Král article: "Management accounting: Development in the light of change of undertaking environment and managerial needs". The disputation has been concentrated on relationship financial and management accounting, which represented selected part of paper. Author has added his opinion form financial accounting point of view.

Deferred Income Tax in the Czech Republic

Monika Randáková

Český finanční a účetní časopis 2007(4):57-61 | DOI: 10.18267/j.cfuc.246  

The aim of this article is to outline the evolution of the methods of accounting deferred tax in the Czech Republic, since the 1990's until present day. The basis of this article was an article Holečková in European Accounting Review, which focused not only on the subject of deferred tax, but generally on the reform of the accounting and tax system of the Czech Republic that started in 1993. There was very little attention given to the entry of deferred tax (deferred tax liability or receivable) during the 90's. The broad legal amendments of the Czech accounting system, at the beginning of the 21st century, brought change in the way deferred tax was...

Impact of Accounting Methods on Judgement of Analysts - Inspiration by the Hopkins, Houston and Peters Paper 'Purchase, Pooling, and Equity Analysts' Valuation Judgement'

Vladimír Zelenka

Český finanční a účetní časopis 2007(4):62-66 | DOI: 10.18267/j.cfuc.247  

The main topic of the paper is an experiment described by Hopkins, Houston and Peters published in Accounting Review in 2000. Their study concerned on impact of accounting method on judgement of analysts in case of accounting method selection for the business combination reporting. This experiment demonstrated the influence of selected accounting method on judgement of analysts regardless of the sole business combination reported via different ways.

Accounting Information and Share Values

Marie Zelenková

Český finanční a účetní časopis 2007(4):67-72 | DOI: 10.18267/j.cfuc.248  

The main topic of the paper is a study of Katerina Hellström. Author of the study engages in testing of value relevance in transition economy - in the Czech Republic during the years 1994-2001. The test demonstrated less value relevance in the Czech Republic in comparison of Sweden and also continual increase of value relevance in the Czech Republic.

Přístupy k vědeckému výzkumu v oblasti vypovídací schopnosti finančního účetnictví na případu statě Katariny Hellström na téma Významnost informací finančního účetnictví v transformujících se ekonomikách

Hana Vomáčková

Český finanční a účetní časopis 2007(4):73-77 | DOI: 10.18267/j.cfuc.249  

Inasmuch as, that the national economies and world economy all the time develop, changes, necessarily happens to changes informative needs and hence and to changes informative aims, to whereby has accounting direct. Research in the field accounting, his basic steps, i.e. inquiry informative needs, objective setting, search corresponding information model and practical investigation application intended information model accounting are in this regard uninterrupted suit. Centre of gravity research must be conceptual, contentual arrangements information system accounting, especially in direction their harmonization as far as standardization in international...

Olympic Prague: Reality or Economic Utopia?

Jiří Strouhal

Český finanční a účetní časopis 2007(4):78-85 | DOI: 10.18267/j.cfuc.250  

Is reasonable for Prague (or for the Czech Republic as a whole) to be able to organize such sport event (from the organizing or financial point of view), or is it a wishful thinking of the group of the "Olympic Prague" fans? The text is based on the study of the Academy of the Science of the Czech Republic dealing with the economic aspects of the Olympic Games in Prague, and this text deals with the actual topic about the organizing of the summer Olympic Games in Prague in the horizon of the years 2016 or 2020. The main assumption of the realization of this event is the necessity of the finishing of the traffic and technical infrastructure due to the...

Conference of Department of Management Accounting: Modern Attitudes toward Performance Measurement and Its Information Support

Michal Menšík, Jakub Stránský

Český finanční a účetní časopis 2007(4):86-91 | DOI: 10.18267/j.cfuc.251  

On the 20th and 21st of September 2007 department of management accounting has held a science conference. Topics which have been discussed were aimed on to the performance management, conceptual questions and practical experience. These topics are very frequent subject of interest of the researchers through the world as well as of the practically oriented professionals. Through the conference there have been two groups of papers. First group presented more broadly oriented papers, focused on designing basic principles and linking present level of knowledge. Second group offered space for the practical experience of the professionals from practical...