Czech Financial and Accounting Journal, 2015 (vol. 2015), issue 2

Sedm Husových pravidel o pravdě

Petr Marek

Český finanční a účetní časopis 2015(2):4-6 | DOI: 10.18267/j.cfuc.440  

The Structure of Household Financial Assets in Developed Countries

Petr Musílek

Český finanční a účetní časopis 2015(2):7-22 | DOI: 10.18267/j.cfuc.441  

This paper analyzes the different approaches to the allocation of household savings in selected developed countries. We discuss not only the essential characteristics of financial instruments, but attention is also devoted to the analysis of the structure of household financial assets in the US, UK, Germany, Italy and Japan. Finally, the article explores the most important factors that cause the structure of the financial assets of households in developed countries. To sum up, among the main factors having influence on structure of households´ financial portfolios in the analyzed countries belong: total value of their assets and income, returns volatility...

Assurance Services - Concept and Standardization

Michal Bobek

Český finanční a účetní časopis 2015(2):23-57 | DOI: 10.18267/j.cfuc.442  

The assurance services are not standardized worldwide and there are used different frameworks. The most important frameworks are International standards prepared by IFAC and the standards used in the USA (US GAAS). The paper presents the research of different concepts of assurance services. There is analyzed the concept of assurance services according IFAC and US GAAS in the article. The definition of the particular services (assurance services - attest services - auditing) is discussed and there are proposal how to change the current definitions and the concept of assurance services. The prepared definitions could shed light on the principles of the...

The Draft of Methodology for Assessment of Quality of Financial Accounting Data Using AHP Method

Miroslava Vlčková, Ludvík Friebel

Český finanční a účetní časopis 2015(2):58-69 | DOI: 10.18267/j.cfuc.443  

The article deals with the quality of accounting data for business management. It has been suggested 12 the most important criterions that affect the quality of financial accounting data. These main criterions were further subdivided into three groups according to their mutual relation. Criterions within mentioned groups were evaluated by experts in order to determine their weights. For calculating the weightings of the particular criterions was used AHP method. Subsequently was proposed a rating scale for each criterion. The result is an integrated criterion (multicriteria evaluation model) for assessment the quality of accounting data for financial...

Identification of Publication Periods of Professional Journal (Milestones of Publication of Účetní listy)

Vladimír Zelenka

Český finanční a účetní časopis 2015(2):70-94 | DOI: 10.18267/j.cfuc.444  

This paper is focused on identification of publication periods of Účetní listy, the first accounting journal in Czech language. Analysis of all published 40 volumes (i.e. 1.174 articles) comprises both bibliographic and content sections. There were recognized following periods: Period of Pazourek's Účetní listy (and Archiv), period of Účetní listy edited by Fuksa and period of Podnikové početnictví. Pazourek's period (1900-1914) is characterized by almost exclusively authorship of Pazourek, by prevalence of articles focused on accounting. Fuksa's period (1933-45) represents prevalence of tax oriented articles Podnikové početnictví period (1946-49)...

The Application of Alternative Models of the Firm to Non-Standard Ownership and Organizational Structure

Hana Vimrová

Český finanční a účetní časopis 2015(2):95-117 | DOI: 10.18267/j.cfuc.445  

This article aims to prove a relationship between the selected alternative models of the firm and effectiveness of the implementation process of performance measurement and management systems through case study of real existing firm. The article deals with the application of alternative models to non-standard ownership and organizational structure of the specific geodetic company including comparison, the interpretation of final results and explanation of behavior of the company. After all some relationships between researched alternative models of the firm and implementation of performance measurement and management systems are identified.