|
|
Financial reporting of long-term contracts under czech accounting regulations IFRS and US GAAP
Bošková, Tereza ; Roe, Jana (advisor) ; Molín, Jan (referee)
This diploma thesis deals with specifics for reporting of construction contracts in financial statements according to czech accounting regulations, IFRS and US GAAP. These are contracts that are custom-made, so they are not serial production and they are long-term, so most of their production goes into more accounting periods. In 2018, new Standards for Recognition of Revenue from contracts with customers IFRS 15 and ASC 606 will enter into force. The aim of the thesis is to characterize individual approaches to the reporting of revenues from construction contracts with a focus on the specifics in this sector and their comparison. To achieve this goal, a comparison method will be used. The thesis is divided into the theoretical and practical part. The theoretical part describes requirements and aspects related to building contracts, individual accounting standards including new revenue standards. In the practical part, an example is illustrated that shows a different approach to reporting revenue from these contracts in accordance with Czech accounting regulations and IFRS or US GAAP and comments on the changes that may occur through the application of new standards. At the end of the thesis, individual approaches are compared.
|
|
|
Contract for work
Poláček, Marek ; Uhlík, Milan (advisor) ; Pavla, Pavla (referee)
In the thesis Contract for work in the theoretical part is described statutory regulation of the contract for work. There are explained basic concepts related to the contract for work. The thesis deals with the comparison of the current legislation contained in the Civil Code and the earlier legislation contained in the original Civil Code and in the original Commercial Code. The practical part is focused on a specific court proceedings in The District Court Pilsen north. The causes of disputes are investigated. On specific causes the most often mistakes of the participant are demonstrated. The mistakes of participants are analysed with regard to subsequent court decisions. From the mistakes found is evident that the parties enter into a contractual relationship uninformed and unaware of the possible consequences related to the conclusion of the contract. They underestimate the possible consequences associated with the fulfillment of their obligations. The aim of the thesis is mainly to highlight the risks associated with contracing for work. The insufficiencies of contracts can lead to a hard enforceability of law. In conclusion of the thesis there can be find recommendations how to avoid mistakes when contracting for work and how to prevent lawsuits. If it comes to the lawsuit there is a recommendation how to succeed. The thesis is proposing how to eliminate the shortcommings of the current legislation regarding the contracts for work.
|
|
|
Extra Performances by the Constructional Procurement Contracts in Czech Republic and Germany
Uhlířová, Monika ; Štěpánek, Petr (advisor) ; Kovařovicová, Eva (referee)
This thesis deals with the issue of extra performences, ie. constructional procurement contracts amendments. The main objektive was to compare the legislativ of extra performances in the Czech Republic and Germany and to study the influence of both legislations on the practice in the construction industry. There have been solved causes why the extra performances are needed and their legitimacy, as well as the consequences which are result from the imperfection of the legislative in both countries. There are also analyzed the cancelled perfomances and the question of edgibility against the extra performances. Finally there are sumarized some recommendations for both countries to improve their legal basis in this area.
|
|
|
Smlouva o dílo v praxi městského/obecního úřadu
Šrámková, Veronika
The main aim of the diploma thesis is, based on knowledge of the legislation regarding a contract for work, to propose recommendations for streamlining examined obligations. Economic and law weaknesses were identified through the analysis of the contracts provided by Municipal office in Adršpach and by Municipal office in Teplice nad Metu-jí. This is followed by proposals to eliminate these negative impacts for both sides of the contractual relationship. Within the work, a qualitative investigation has been done with using techniques of open and half-open interview.
|
guest ::
