IDEAS home Printed from https://ideas.repec.org/a/prg/jnlcfu/v2019y2019i1id526p51-63.html
   My bibliography  Save this article

Transparency and Application of IAS 20 by the European Air Navigation Services Providers
[Transparentnost a aplikace IAS 20 v podmínkách evropských poskytovatelů letových provozních služeb]

Author

Listed:
  • Luboš Hlinovský

Abstract

The Air Navigation Service Providers (ANSP) are monopolistic companies, subject to regulation. The EU regulation 550/2004 requires that ANSP shall comply with the international accounting standards. The majority of European ANSPs draws the grants of the SESAR project. IAS 20 sets the rules for accounting for government grants. The subject of this article is transparency, obeying the rules of the EU Regulation 550/2004 and publishing the information according to IAS 20 in the years 2015-2017, when the ANSPs drew significant amounts from the government grants. The aim of the article is to research how the requirements of transparency of both legal documents are obeyed, with special regard to impact of grants to price setting of ANSPs. The annual reports of 17 ANSPs, members of A6 alliance were subject of this research. The outcomes of the research are that these rules are obeyed in quite a low extent, that the form and content of the annual reports are very diverse and thus the effects of the regulations, stemming from the programme Single European Sky is low.

Suggested Citation

  • Luboš Hlinovský, 2019. "Transparency and Application of IAS 20 by the European Air Navigation Services Providers [Transparentnost a aplikace IAS 20 v podmínkách evropských poskytovatelů letových provozních služeb]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2019(1), pages 51-63.
    • Handle: RePEc:prg:jnlcfu:v:2019:y:2019:i:1:id:526:p:51-63
    DOI: 10.18267/j.cfuc.526
    as

    Download full text from publisher

    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.526.html
    Download Restriction: free of charge
    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.526.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.cfuc.526?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.

    References listed on IDEAS

    as
    1. Martin Červený, 2017. "Fulfillment of IFRS 2 Disclosure Requirements by Companies Listed on the Prague Stock Exchange," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2017(3), pages 53-64.
    2. David Čevela, 2016. "Quality of Information Disclosed in Annual Reports of Listed Companies in the Czech Republic," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2016(2), pages 21-36.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Taisia Nistorenco, 2019. "Compliance with Disclosure Requirements under IFRS 3 of Companies Trading at Prague Stock Exchange," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2019(2), pages 5-26.
    2. Michal Novák, 2018. "The Quality of Disclosure under IAS 38 in Financial Statements of Entities Listed on PSE," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(2), pages 31-44.
    3. Kateřina Polachová, 2019. "Compliance with IAS 2 in consolidated financial statements of PSE listed companies," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2019(3), pages 61-78.
    4. Lucie Brabcová, 2018. "Compliance with IAS7 by Issuers of Listed Securities in the Czech Republic," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(3), pages 73-89.
    5. Jan Dvořák, 2017. "How Do Czech Companies Report Fair Value Measurement Under IFRS 13?," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2017(3), pages 117-127.
    6. Petr Vácha, 2019. "Revenue disclosure requirements: IFRS vs. Czech accounting principles [Požadavky na zveřejnění v oblasti výnosů: IFRS vs. české účetní předpisy]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2019(1), pages 35-49.

    More about this item

    Keywords

    Regulation; Transparency; Grants; Regulace; Transparentnost; Dotace;
    All these keywords.

    JEL classification:

    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    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:2019:y:2019:i:1:id:526:p:51-63. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.