|
|
Reporting of financial derivate in accounting and its use in a financial deciding
TOULA, Martin
This diploma thesis deals with the issue of financial derivatives, their reporting, classification, accounting point of view and use on the example of a particular entity. The theoretical part summarizes the general theoretical knowledge about the given issue. The main goal of this thesis is to evaluate possibilities of using financial derivatives from the accounting and financial perspective of company named Schäfer Sudex s.r.o. This enterprise produces food containers made of stainless steel. The analysis of receivables and payables shows that the enterprise should ensure against the possible decline in value of foreign receivables as result of exchange rate variability. This thesis presents suggestions for securing receivables. Based on results, recommended solutions were created. Company should secure value of their receivables by using forward. Based at conservative exchange rate development, profit would be 4 mil CZK. But at aggressive change, earnings would exceed 18,7 mil CZK.
|
|
|
Receivables - Financial and Accounting View
TOULA, Martin
The thesis deals with the issue of receivables, their financial and accounting view on the example of a specific entity. The general of the paper defines accounting relations, specific accounting issues arising in connection with the receivables, accounting of receivables, and the management of receivables. There are also discussed the changes which occurred after the recodification of private law from 1st January 2014. The highlighted entity for the practical part is a company producing stainless food containers called SHÄFER SUDEX s.r.o. In the practical part there is a description of changes in the balance sheet reporting which were caused by law amendment. Gathered information was used for company introduction, analysis of receivables, their structure, liabilities and solvency of the company between 2012-2014. Investment options were then suggested in light of discovered financials assets that could be spared. Further, based on the information from 2010 to 2014 on the development of receivables, earnings and receivables and payables turnover ratio were predicted for 2015. Finally, suggestions were made for securing against currency risk as most of the company's receivables are in foreign currencies, and since 2017, there might be danger of lowering exchange rates caused by the cancellation of interventions made by ČNB.
|
guest ::
