IDEAS home Printed from https://ideas.repec.org/a/prg/jnlcfu/v2014y2014i4id428p120-132.html
   My bibliography  Save this article

Czech Point of View of IFRS Adoption into German GAAP - Impact on SME's Financial Statement Informative Value
[Český pohled na implementaci IFRS do německých účetních předpisů - vliv na vypovídací schopnost účetních závěrek malých a středních podniků]

Author

Listed:
  • David Trytko

Abstract

The legislated Accounting principles modernizing act, abbreviated BilMoG, caused a fundamental accounting reform in Germany. The most important international accounting standards were implemented into elsewise conservative accounting rules. Due to fact the main user of GAAP in Central Europe is SME, the description and analysis of IFRS's implementation into German GAAP seems to be profitable for SME's financial statement informative value and also for their competitiveness. Major receiver of SME's financial statement is not the institutional investor but financing bank and other creditor. Continuance of prudence principle after partly IFRS adoption is fixed.

Suggested Citation

  • David Trytko, 2014. "Czech Point of View of IFRS Adoption into German GAAP - Impact on SME's Financial Statement Informative Value [Český pohled na implementaci IFRS do německých účetních předpisů - vliv na vypovídací ," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2014(4), pages 120-132.
    • Handle: RePEc:prg:jnlcfu:v:2014:y:2014:i:4:id:428:p:120-132
    DOI: 10.18267/j.cfuc.428
    as

    Download full text from publisher

    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.428.html
    Download Restriction: free of charge
    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.428.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.cfuc.428?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlcfu:v:2014:y:2014:i:4:id:428:p:120-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.