|
|
The Impact of The Accounting Reform Public Finances from 2010 on the Financial Statements in a Municipal Authorities
ZABLOUDILOVÁ, Markéta
This paper examines the accounting reform of public finances from the point of view of its impact on the financial statements of local government units, especially applied to the municipalities in the Vysocina region. The reform changed legislative regulations, especially the accounting law, the decree implementing the accounting law and Czech accounting standards for the selected accounting entities. This thesis analyzes the changes in these regulations and it describes the impact of these modifications on the financial statements. These changes create areas that are, due to the reform, new for villages and can be problematic in context of misinterpretations and wrong booking. The areas affected by the reform are divided into three separate areas. The first area is the creation of state accountancy and implementation of accrual based accounting, connected to the state accounting, from which the further accrual principle is derived. The second imaginary area of changes relates to accounting reform in terms of chart of accounts including an off-balance sheet which has considerably changed. The third area is a wide range of assets of an entity, where there was a major change in relation to the accrual principle and that is the beginning of depreciation of all depreciable assets. In connection with depreciation, adjustments are made and the problem area of inventory of property has widened. Changes occurred in valuation of assets, a new way was created and an obligation to revalue assets held for sale was made. Subsequently, the impact of individual problem areas at the municipalities is examined, and so as how the changes will be reflected in their financial statements.
|
|
|
Filling budget on concrete conditions of municipality Ondřejov
Šálová, Monika ; Takáčová, Hana (advisor) ; Nováková, Štěpánka (referee)
Municipalities are public corporation, which have their own property and they manage according it to their own budget. The aim of this thesis is a municipal budget analysis. In the theoretical part I describe the municipality especially its scope and authorities. Municipal management is divided into the financial management and property management. I also define a controlling and accounting reform of public finance, which occured in a year 2010. In the practical part I present the village Ondřejov and I analyse its budget management in years 2006 -- 2010. Analysis is focused on budget receipts, budget expenditures, result of economy and village indebtedness.
|
guest ::
