The Clarity of Financial Reports in the Global Environment: A Comparative Study of Selected Issues in the Czech and Brazilian Accounting Systems

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dc.contributor.authorMalíková, Olga
dc.contributor.authorBegnor Bedra, João Marcos
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2023-09-27T12:41:05Z
dc.date.available2023-09-27T12:41:05Z
dc.description.abstractThe paper focuses on selected Czech and Brazilian financial accounting systems issues. These two systems have historically developed in quite different socio-economic conditions, but due to globalisation in recent decades, there has been a growing demand to harmonise the conditions for the creation of the content of financial information disclosed primarily by entities that are in the public interest. This paper aims to investigate to what extent similarities and differences can be identified in selected areas of financial accounting and reporting. Given the limited scope of the paper, the areas discussed are accounting regulation, and the form and structure of balance sheets of business entities. The objective was achieved by applying traditional scientific methods, namely by searching scientific and professional papers to obtain knowledge about the current level of knowledge in the field under study, as well as by describing the current state of accounting regulation in both countries and comparative analysis of the requirements placed on the balance sheet of entrepreneurs. The historical method was partly applied to obtain knowledge in the necessary historical context of the topic. The final discussion provides a synthesis of the knowledge gained on the identified similarities and differences in the above areas of financial accounting. The paper can be seen as unique, as it introduces the previously unpublished topic of comparability of the accounting systems of the Czech Republic and Brazil.en
dc.formattext
dc.identifier.doi10.15240/tul/009/lef-2023-52
dc.identifier.isbn978-80-7494-627-1
dc.identifier.urihttps://dspace.tul.cz/handle/15240/172868
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofLiberecké ekonomické fórum 2023cs
dc.relation.ispartofLiberec Economic Forum 2023en
dc.subjectAccounting regulationen
dc.subjectfinancial reportingen
dc.subjectbalance sheeten
dc.subjectbusiness entitiesen
dc.subject.classificationG39
dc.subject.classificationM41
dc.subject.classificationM48
dc.titleThe Clarity of Financial Reports in the Global Environment: A Comparative Study of Selected Issues in the Czech and Brazilian Accounting Systemsen
dc.typeproceeding paperen
local.accessopen
local.citation.epage487
local.citation.spage479
local.facultyFaculty of Economics
local.fulltextyes
local.relation.abbreviationLEFcs
local.relation.abbreviationLEFen
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