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Explanatory power of financial statements compiled according to czech accounting regulations and IFRS
MAŠKOVÁ, Lenka
The aim of this thesis is to summarize the specifics of reporting under the Czech accounting regulations and International Financial Reporting Standards and through the analysis evaluate the explanatory power of selected accounting items. This thesis consists of two parts. The first part, which is the theoretical one, deals with financial statements, explanatory power, valuation and other major items. In the practical part the financial statements and their items are analyzed and the differences between the Czech accounting regulations and International Financial Reporting Standards are evaluated.

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